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Joined Jan 25, 2022
chartpattern
indicator
trendanalysis
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When both STs give signal (14:2, 21:1) entering trade but not without checking Ichimoku. If the price is below both lagging span and cloud then we have a short bias, if price above both of them we have a long bias. If price is above cloud but below lagging span or vice versa this indicate a weak bias. In this case you can try to trade it till S/R levels or avoid...
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Wait for both ST give signal and check CPR if its wider than the previous one than there is a likely S/R in area; if its narrower then price may breake CPR area and the price may trending either way. Check MACD for an good exit point. If MACD oscillator give a signal for a weakening trend (colour change etc.) exit. An alternate way to experiment you...
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