For counter trend or trend continuation plays, I look for the closing of the "Jaws" or in the case of 
CCI, the Megalodon. The entry has to be backed up by rising volume.
As a general rule:
1. the higher the angle of attack, the stronger the move
2. preferrably a parabolic curve (as this indicates that price has undergone prior development between bulls and bears)
On higher timeframes, the chart here is in a clear down trend so there is a fair probability that this could end up as a bull trap. The play here is to get in early and secure a good position such that if price does breaks down, the opportunity to exit with a profit or breakeven is available.
CCI, the Megalodon. The entry has to be backed up by rising volume.As a general rule:
1. the higher the angle of attack, the stronger the move
2. preferrably a parabolic curve (as this indicates that price has undergone prior development between bulls and bears)
On higher timeframes, the chart here is in a clear down trend so there is a fair probability that this could end up as a bull trap. The play here is to get in early and secure a good position such that if price does breaks down, the opportunity to exit with a profit or breakeven is available.
העסקה בוטלה באופן ידני
Closed. Unforunately jaws couldn't close and sentiment has started to become negative
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.