Trading in a trend
▪ Trade in the direction of the trend with swings and scalp trades,
♤Swing trade zone
▪High volatility area and big impulsive movement
■How to identify? High volume and big candles (green/red flags)
♤Scalp trade zone
▪Flat zone, price develops in lower timeframes,
■How to identify? Large dumping candles followed spikes (brown drops)
♤Trend reversal
▪Zone of many traps and H.Lows in daily timeframe,
■How to identify? Extremely positive news at the top (BTC going to 100k) or very negative on a bottom (blockchain is over, BTC $600)
Hope it helps!
♤Swing trade zone
▪High volatility area and big impulsive movement
■How to identify? High volume and big candles (green/red flags)
♤Scalp trade zone
▪Flat zone, price develops in lower timeframes,
■How to identify? Large dumping candles followed spikes (brown drops)
♤Trend reversal
▪Zone of many traps and H.Lows in daily timeframe,
■How to identify? Extremely positive news at the top (BTC going to 100k) or very negative on a bottom (blockchain is over, BTC $600)
Hope it helps!
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