wait for a break of resistance (Ceiling) wait for a RETEST (where price closes above the previous level of resistance) Once price confirms resistance as a new support (floor), it is safe to enter. Price doing this is a shift of momentum wait for a break of support (floor) wait for a RETEST (where price closes below the previous level of supports as a new...
AScending scallop pattern forming (bullish pattern) wait for a break of resistance (Ceiling) wait for a RETEST (where price closes above the previous level of resistance) Once price confirms resistance as a new support (floor), it is safe to enter. Price doing this is a shift of momentum
wait for a break of resistance (Ceiling) wait for a RETEST (where price closes above the previous level of resistance) Once price confirms resistance as a new support (floor), it is safe to enter. Price doing this is a shift of momentum wait for a break of support (floor) wait for a RETEST (where price closes below the previous level of supports as a new...
wait for a break of support (floor) wait for a RETEST (where price closes below the previous level of supports as a new resistance (ceiling), it is safe to enter Price doing this is a Continuation of an DOWNtrend.