Will it bounce high with momentum?
Updated
Hi im currently watching this market structure at 1hr and saw a possible accumulation. Im testing this piece (spring) if it successful. My signs are 1 low volume and 2 the weis wave is currently strong showing me anomality. I dont know what will be the outcome, all i know i trade in a high probability. If it fails i place a stop loss behind the structure on the spring.
SC - Selling Climax
AR - Automatic Reaction
ST - Secondary Test
UT - Upward Trust
SC - Selling Climax
AR - Automatic Reaction
ST - Secondary Test
UT - Upward Trust
Trade closed: stop reached
Failed. hits my stop loss.
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.