Our trading strategy is designed to capitalize on strong price impulses followed by a period of consolidation. After a significant price movement, whether upward or downward, the market enters a flat zone where the price range narrows. During this phase, support and resistance levels begin to form, indicating potential turning points for future price action.
Our entry point for trades occurs when a candlestick breaks the trend line and moves outside of the flat zone. This breakout signals a potential continuation of the previous price impulse and provides an opportunity to enter the market.
By identifying and taking advantage of these breakout opportunities, our strategy aims to capture profits during trending market conditions following a period of consolidation.
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.