I love these simple setups in trading. They keep recurring and are easy to identify if you know what to look for.
Basically, such a setup consists of three simple components.
1. the impulse. A strong move that is different from previous moves.
2. the correction of the movement.
3. the continuation. Breakout from the corrective movement in the direction of the impulse.
Ideally, the continuation is followed by a pullback. This offers excellent entry opportunities.
However, such a setup is by no way the "holy grail". Nevertheless, every trader should know the standard setups.
Happy Weekend everybody!
Basically, such a setup consists of three simple components.
1. the impulse. A strong move that is different from previous moves.
2. the correction of the movement.
3. the continuation. Breakout from the corrective movement in the direction of the impulse.
Ideally, the continuation is followed by a pullback. This offers excellent entry opportunities.
However, such a setup is by no way the "holy grail". Nevertheless, every trader should know the standard setups.
Happy Weekend everybody!
免責聲明
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。
免責聲明
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。