So far, I have been writing about playing the D - The D is he final point in the price movement, something which we ANTICIPATE.
What do we anticipate?
We anticipate a REVERSAL. In simple terms, we trade 'opposing' the trend.
Why?
The explanation is simple - Buy when Low. Sell when High.
Once the complete structure is complete, then we have a clear picture of price action. Our understanding is correct. Price did as we anticipated.
Now, price had bounced upward from a long term D, chances are it will go up more. Price is now a two Bs, one BIG, and another small. Not a coincidence but it is price telling us something - a confirmation of future direction.
BUY. The R/R is fantastic.
Good luck.
What do we anticipate?
We anticipate a REVERSAL. In simple terms, we trade 'opposing' the trend.
Why?
The explanation is simple - Buy when Low. Sell when High.
Once the complete structure is complete, then we have a clear picture of price action. Our understanding is correct. Price did as we anticipated.
Now, price had bounced upward from a long term D, chances are it will go up more. Price is now a two Bs, one BIG, and another small. Not a coincidence but it is price telling us something - a confirmation of future direction.
BUY. The R/R is fantastic.
Good luck.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.