SEAL, a series of LH means...
Shall we take risk when see series of LH?
Some may, but most won't (for mid term) because it shown the sign of weakness.
Price unable to breakthrough the previous high (that's why formed LH).
Hence, I will let it find the strong base before enter market.
How to get the strong base? Opposite the above, at least let it form the first HH following with HL. And manage own risk.
This just one of my strategy to EP. Find your own strategy that suit you most
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Some may, but most won't (for mid term) because it shown the sign of weakness.
Price unable to breakthrough the previous high (that's why formed LH).
Hence, I will let it find the strong base before enter market.
How to get the strong base? Opposite the above, at least let it form the first HH following with HL. And manage own risk.
This just one of my strategy to EP. Find your own strategy that suit you most
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
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