Early Buy Signal/Sharp Entry (Intraday)Hi all, here is another example of applying Trailing Resistance Indicator on lower TF.
* My suggestion is TF30.
As you can see, with the help of this indicator, you can make your decision faster,
and make a sharper entry when you have detected a buy signal.
Detect buy signal (Daily TF)
Find best entry (TF30)
As usual, once price (candle) has crossed up the red line, you BUY.
That is all.
SEDANIA trade ideas
<TradeVSA> Sedania - Solid Accumulation with a Shakeout ?1. Accumulation stage
- Change of trend started with volume
- Long period of accumulation (6 months)
2. Heavy Selling at Resistance
- High volume bars with Up-Thrust
3. Removal of Weakhand-Holders
- A shakeout below support level with Spring bars
Successful tested support after the shakeout.
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Pullback Completed with Spring...SedaniaStrength signal in the chart:
1. High volume Line Change
2. Tested with Spring
3. Lower Volume
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
{SWC}——SEDANIA, MA CROSS OVER!Thank you for your continued support :)
Strategy: MA Cross Strategy
Bias: Bullish. Correction phase might have finished as the share price tested support at RM0.240. Today's candlestick crossing up 5MA & 10MA, as a short term bullish breakout signal.
SWC believes if the momentum continues, the next direction will be RM0.285 which longer time needed. Before that, it should break the previous high of RM0.270 and RM0.260, which acts as the immediate resistance.
S: 0.240
R: 0.260, 0.270
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<TradeVSA> Sedania back to AccumulationStrength in the chart:
1. Pushed back to accumulation with Line Change
2. Shakeout completed
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Accumulation with Spring in SedaniaStrength in the chart:
1. Both Spring as support
2. Confirmed Spring
3. Accumulation stage
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock