If you always find yourself entering trades too late, then this is for you...
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
Do you find yourself entering the trades too late, Then do What? I'm about to share with you. So if you look at this chart over here, this is a clear Telltale sign that you should not be buying in such a market condition because the market is so bullish. the move has already occurred. So if you want to stop chasing the market, then what I suggest you do is number one, Stop chasing the market. Number Two Let The price come towards an area of value. So in this case you can see over here this is an area of value, right? This is an area of support. So let the price come towards this area of value. Next, you want to wait for a valid entry trigger to go long. So in this case it could be something simple like a hammer Candlestick pattern. So when you see this right at this point, it is much quote unquote safer to enter the market because number one, you're no longer chasing the market, number two, you're trading from an area of value and number three, you have a valid entry trigger like a hammer to go long. So in this case, since this is a cherry pick chart, the market did explode higher in our favor.
On a possible retest of the neckline? Lol I’m good
thats not how it work how did you know thats the area of value when the chart just pump out like that. unless you showing us ma20 or something that "show" us its an area of value
Tbh i would not take this…Double top could have played out.hammer was still below the neck
Good advice😊