One of the best strategies is to identify areas where corrections have been completed. On the chart, a correction appears to have reached a key support/resistance area or multiple support zones.
With a high probability of the corrective wave ending in this area, I'm waiting for a bullish trigger, such as a trend line or moving average breakout, to enter a buying position.
With a high probability of the corrective wave ending in this area, I'm waiting for a bullish trigger, such as a trend line or moving average breakout, to enter a buying position.
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