Hello everyone. This is a pretty simple sideway trading strategy.
The range is 1.6580-1.7128 which has been respected 61 days. I already set the alerts around the bottom and the top. The scenario might be as below:
1. Sideway continuation: Price could go through the upper zone. Looking for bearish formation on 1H or 4H chart. Target is the opposing zone.
2. Sideway terminated with strong momentum to the upside: Momentum is strong and zone got violated. I plan to long for the pullback.
Sideways structure are easy to trade. In one word, buy low & sell high. It works until it doesn't. That's fine.
Give me a like if you're with me.
The range is 1.6580-1.7128 which has been respected 61 days. I already set the alerts around the bottom and the top. The scenario might be as below:
1. Sideway continuation: Price could go through the upper zone. Looking for bearish formation on 1H or 4H chart. Target is the opposing zone.
2. Sideway terminated with strong momentum to the upside: Momentum is strong and zone got violated. I plan to long for the pullback.
Sideways structure are easy to trade. In one word, buy low & sell high. It works until it doesn't. That's fine.
Give me a like if you're with me.
注释
Looks like a false breakout. Waiting for more confirmation info! 注释
Sideways formation. Keep on watching. 注释
price is still within the range. Direction is not clear. 注释
Alright. The range got violated, I got a nice pullback short opportunity.注释
On the Daily chart, trend continues to go down. 
plan your trade and trade your plan
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plan your trade and trade your plan
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。