Now when you look at this chart you can see that the price is at a resistance level
after a double top - this double top is what gives the look to the price chart like a rocket.
Now am going to show you the rocket booster strategy on this chart and it is as follows:
Step 1- The price is above the 50 MA
Step 2- The 50 MA Is Crossed above the 200 MA
Step 3- The price has gapped above the MA's [50,200]
This is the rocket booster strategy now you need to learn more about market psychology
but this is not what this article is about this article is about
introducing you to technical indicators in order to give you the ability
to analyse trends.
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money wether you like it or not, please learn risk management.
after a double top - this double top is what gives the look to the price chart like a rocket.
Now am going to show you the rocket booster strategy on this chart and it is as follows:
Step 1- The price is above the 50 MA
Step 2- The 50 MA Is Crossed above the 200 MA
Step 3- The price has gapped above the MA's [50,200]
This is the rocket booster strategy now you need to learn more about market psychology
but this is not what this article is about this article is about
introducing you to technical indicators in order to give you the ability
to analyse trends.
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money wether you like it or not, please learn risk management.
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