This second video reinforces the concepts supporting my simple method of validating or invalidating trade setups using price channels, Fibonacci price theory, Stochastics, RSI, and simple price metrics.
Anyone can do this - it just takes a little patience and learning.
The trick to the ENTRY is to WAIT to see how price reacts near support/resistance.
REJECTION is very important in terms of seeing price REJECT near the price channels and near support/resistance.
Learn to use these techniques to help you learn to become a better trader.
Hope you enjoy.
Anyone can do this - it just takes a little patience and learning.
The trick to the ENTRY is to WAIT to see how price reacts near support/resistance.
REJECTION is very important in terms of seeing price REJECT near the price channels and near support/resistance.
Learn to use these techniques to help you learn to become a better trader.
Hope you enjoy.
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www.tradetank.com
Follow me on Youtube, TradingView, Others
www.youtube.com/channel/UCjjblvO7QRPKx2GcrVcoSgQ