CaterpillarLong
CAT 2 SCENARIOS FOR LONG
2 scenarios:
1. If price breaks trend and closes ABOVE trend line, enter after trendbreak bar
2. Let price retract to the support line and enter there
I think both are good scenarios because of a higher RSI at support, high volume peaks
1. If price breaks trend and closes ABOVE trend line, enter after trendbreak bar
2. Let price retract to the support line and enter there
I think both are good scenarios because of a higher RSI at support, high volume peaks
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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.