This is how we see the market. Only in three places can we see a minor trend. All in between is just price consolidation because it is a ranging market. And we expect it to happen after spotting candle "X"! For more information, please refer to Part One.
When we spot a Master Candle (MC), We expect erratic behaviour from the price. Look at the white arrows to grasp what I mean by this. This is normal for us in ARZ Trading System analyses!
In fact, in a ranging market, we are looking for the price to behave like this to combine it with BB and hunt the best reversal trading positions.
If the price managed to stay above LTP & EMAs, we expect this pump and dump cycle to continue in the range area.
When we spot a Master Candle (MC), We expect erratic behaviour from the price. Look at the white arrows to grasp what I mean by this. This is normal for us in ARZ Trading System analyses!
In fact, in a ranging market, we are looking for the price to behave like this to combine it with BB and hunt the best reversal trading positions.
If the price managed to stay above LTP & EMAs, we expect this pump and dump cycle to continue in the range area.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.