DDD Trade Idea

This is a trade that should come to us which is exactly what we want, it would be either a short or a Put position.

Here's the set up.

 The 5-day chart is a little Apple-esque in a few ways.

This 60 min chart is really where the trade comes from, that's a deep negative, but even better...

The 4 hour trend is VERY clear and the only divergence on the chart is the current negative, no others were strong enough to make it out this far.

 As far as swing timing, the 15 min chart is ready to go.

It's only the intraday charts, just like the market that are the hold up, but I'm glad they are rather than just keep falling as I know some of you are still looking to add or fill certain positions and this actually helps that process.

I'm taking a wild guess, but I'd have some alerts set for price in the area of the 60-min 50 bar moving average, that's where I'll set them to look for a reversal short term as everything else is ready to go.

This is how the trade comes to you, it's already in bad shape and giving you a better entry with less risk.