Hi guys this eve ive been trading the break of the market. The waves are good signs the pullback waves are weak. There is an ongoing distribution but it failed. Thus i marked it as an reaccumulation since the secondary test failed. I set my trade behind the significant market to position myself safely. Then set my stop loss to protect my capital if it fails.
SC - Selling Climax
SOS - signs of strength
AR - Automatic Rally
Indicator
- Tick Volume
- Weis
- 20 simple MA
- Price action
SC - Selling Climax
SOS - signs of strength
AR - Automatic Rally
Indicator
- Tick Volume
- Weis
- 20 simple MA
- Price action
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.