Educational post explaining Short, Medium, longer terms trades..
Hi fellows, This post explain that patterns forms with in the patterns and you can trade on them for short term, medium terms and longer terms.
1. SHORT TERM TRADE SETUP
( You can buy sell by identifying the lower degree pattern on smaller time frame like 15 minutes for daily ranges.Fore example flat channel with in the bigger channel which you can see after impulse )
2. MEDIUM TERM TRADE SETUP
( You can buy sell by identifying the bigger degree pattern and you can trade with in that bigger degree pattern for medium term and that trade setup gonna on 1 hr or on 4hr time frame and can take up to couple of days to complete )
3. LONGER TERM TRADE SETUP
( You can buy sell by identifying the bigger degree pattern but that trade setup gonna be for holding position for longer term and it can take up to couple of weeks or months to complete normally these kind of trades are being taken by traders on daily time frame by digging out the lower time frame at best price )
For further details please look at the chart...........!!!!!!!!!!!!
1. SHORT TERM TRADE SETUP
( You can buy sell by identifying the lower degree pattern on smaller time frame like 15 minutes for daily ranges.Fore example flat channel with in the bigger channel which you can see after impulse )
2. MEDIUM TERM TRADE SETUP
( You can buy sell by identifying the bigger degree pattern and you can trade with in that bigger degree pattern for medium term and that trade setup gonna on 1 hr or on 4hr time frame and can take up to couple of days to complete )
3. LONGER TERM TRADE SETUP
( You can buy sell by identifying the bigger degree pattern but that trade setup gonna be for holding position for longer term and it can take up to couple of weeks or months to complete normally these kind of trades are being taken by traders on daily time frame by digging out the lower time frame at best price )
For further details please look at the chart...........!!!!!!!!!!!!
For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
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