In the past 2 weeks, you barely find 3 candles of the same color in a row..!
A choppy market refers to a market condition where prices swing up and down considerably, either in the short term..! or for an extended period of time. A choppy market is often associated with rectangle chart patterns and volatile periods where a trend is not present (or the trend is difficult to trade).
A choppy market is one where the price makes little overall progress up or down; instead, it oscillates back and forth.
A choppy market can occur during any timeframe and in any market.
A choppy market can occur because participants are awaiting a catalyst, buyers or sellers are in balance, or the price is whipsawing due to conflicting reactions and opinions on a news event.
A risky approach could be:
Buy after 2 red days and sell after 2 green days! until we see a clear trend!
Reference article:
https://www.investopedia.com/terms/c/choppymarket.asp
A choppy market refers to a market condition where prices swing up and down considerably, either in the short term..! or for an extended period of time. A choppy market is often associated with rectangle chart patterns and volatile periods where a trend is not present (or the trend is difficult to trade).
A choppy market is one where the price makes little overall progress up or down; instead, it oscillates back and forth.
A choppy market can occur during any timeframe and in any market.
A choppy market can occur because participants are awaiting a catalyst, buyers or sellers are in balance, or the price is whipsawing due to conflicting reactions and opinions on a news event.
A risky approach could be:
Buy after 2 red days and sell after 2 green days! until we see a clear trend!
Reference article:
https://www.investopedia.com/terms/c/choppymarket.asp
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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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.