IDEA - Follow The Trend 📈

9 באפר׳

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 IDEA has been overall bullish, trading within the flat wedge pattern in orange.

Currently, IDEA is in a correction phase, approaching the lower bound of the wedge.

Moreover, it is retesting a strong demand zone $0.0026 - $0.003.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower orange trendline.

📚 As per my trading style:
As #IDEA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich