Wait for Retest
Always wait for the market to retest the recent trendline.
If the candles breakout the trendline take short position.
If the candles tests the trendline and pulls back, take long position.
Always keep an eye on VOLUME indicator for volume confirmation and RSI indicator for fake diversion.
If the candles breakout the trendline take short position.
If the candles tests the trendline and pulls back, take long position.
Always keep an eye on VOLUME indicator for volume confirmation and RSI indicator for fake diversion.
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.
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.