Hey guys here we a buy setup base don Lewis Glasgow's bamm theory. I am attaching a chart below for reference. Need to keep a couple of things for this setup to be valid. Firstly the BC leg of the bat should not be broken to the downside. Also now the price should be forming its 2nd impulse wave so the momentum should be very strong. If there is not enough momentum then price might not break the upper trendline.
It might be wise to have two positions on this particular trade since i am expecting the price to go a lot higher when it does break the upper trendline
It might be wise to have two positions on this particular trade since i am expecting the price to go a lot higher when it does break the upper trendline
