AUD/CAD – Short Position Taken
This one was on our watchlist earlier, and it just printed a clean engulfing candle trigger. Here’s what I look for before entering a VMS pullback trade:
A clear new high/low before the pullback
A clean pullback (no choppy mini-pullbacks inside)
Pullback into support/resistance zone
Price action at or near the 50 EMA
Engulfing candle in trend direction
Strong volume (trigger candle should stand out)
Momentum “hooking” in trend direction and below/above 0
We took a short position based on this alignment.
What do you think — continuation or reversal? Up or down from here?
This one was on our watchlist earlier, and it just printed a clean engulfing candle trigger. Here’s what I look for before entering a VMS pullback trade:
A clear new high/low before the pullback
A clean pullback (no choppy mini-pullbacks inside)
Pullback into support/resistance zone
Price action at or near the 50 EMA
Engulfing candle in trend direction
Strong volume (trigger candle should stand out)
Momentum “hooking” in trend direction and below/above 0
We took a short position based on this alignment.
What do you think — continuation or reversal? Up or down from here?
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。