Potential spring - observing
If I see a good entry bar indicating that stops were taken and there is enough liquidity for a strong move up I might enter this as a Spring setup - a form of AB=CD.
What I don't like is the longer consolidation, but if you go to 1H it still confirms the bulling trend.
We are not here to predict the future, but to buy with a small stop in relation to the potential reward.
Some divergence from a lower timeframe like 15 min or at the 30 min will be nice for confirmation and confluence. I like to have at least 3 - horizontal support, some trend line, Stochastics in overbought, Some divergence, Fib level like 61% or 78%.
What I don't like is the longer consolidation, but if you go to 1H it still confirms the bulling trend.
We are not here to predict the future, but to buy with a small stop in relation to the potential reward.
Some divergence from a lower timeframe like 15 min or at the 30 min will be nice for confirmation and confluence. I like to have at least 3 - horizontal support, some trend line, Stochastics in overbought, Some divergence, Fib level like 61% or 78%.
עסקה פעילה
1H printed a good entry pin bar. 30 min looks like tweezer tops, but I agree entry was not that obvious although the price closed above the previous low which can be used as an entry signal. I typically prefer strong entry bars.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.