AJ 2 hr chart get ready for a fast bounce after taking out low.

4 thg 12, 2014

So we been consolidatin, building up pressure... just wait, when it takes the lows, it's gonna bounce fast and hard. It may wait for a few bars, but then it will rip.... USING MA, STOCH, or MACD on lower timeframe to enter... Initial stop at lows, but then once it rips, use the MA lower timeframe 15 m chart, or draw a steep trendline that follows price, when it breaks you out.... But, it should hit at least the first red line, so don't exit too early, or if you do, buy again on a dip. Cheers