After a strong bullish impulse in 1D, above more moving averages generating a crossover of them, we do nothing. We wait for the price to retrace or make a range so that time in the SQZ runs out and the averages approach the price, thus generating its bullish pattern.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.