This is a powerful chart for you to watch.
Because its following the Rocket booster
strategy.
The Rocket booster Strategy has 3 Steps;
In order for us to know whether the price
will trend up we are using the ADX indicator.
We make sure that the Blue line [ADX]
Is rising between the Green line [DI+]
and the Red line [DI-].
This confirms the last step of the rocket booster
strategy.Also remember that the NASDAQ is up-trending.
Rocket boost this content to learn more.
Disclaimer;Trading is risky please use a simulation account
for trading before you trade with real money.
Also learn risk management and profit taking strategies.
Because its following the Rocket booster
strategy.
The Rocket booster Strategy has 3 Steps;
- 1-The price has to be above the 50 EMA
- 2-The price has to be above the 200 EMA
- 3-The price should gap up or trend up.
In order for us to know whether the price
will trend up we are using the ADX indicator.
We make sure that the Blue line [ADX]
Is rising between the Green line [DI+]
and the Red line [DI-].
This confirms the last step of the rocket booster
strategy.Also remember that the NASDAQ is up-trending.
Rocket boost this content to learn more.
Disclaimer;Trading is risky please use a simulation account
for trading before you trade with real money.
Also learn risk management and profit taking strategies.
Related publications
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.
Related publications
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.