Consider a short Price broke the channel and retest it with a bearish engulfing candle, and also retest the neck line of 2 top model
Consider a long Reasons for this trade Trend: market structure has been formed (higher high highe low) Level: this level went through 1 swing high and 1 swing low, trend line (nice level for an order) Signal: bullish engulfing candle
Consider a long after a price action signal to confirm the entry Reasons: - The support zone has been broken, waiting for a retracement - The market structure has been form (higher high and higher low)
Consider a short Reasons for this trade: - Trend: bearish - Level: this level is a combination of the resistance through 1 bottom and 1 important top, trendline, and fibo 618, great level for this order - Signal: a inside bar with the mother bar is a doji candle and inside bar is a bearist long tail candle.
Consider a short after a retracement and after a price action signal