COTI - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COTI is overall bullish and now retesting our blue and orange trendlines so we will be looking for buy setups.
on M30: COTI formed a valid trendline in red but it is not ready to go yet.
Before we buy , we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the previous high in gray to buy.
Meanwhile, until the buy is activated, COTI would be overall bearish can still trade lower till the orange/blue trendlines before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich