-34 week continuation decending triangle
-Possible 5 week horizontal range launching pattern (boundaries are not well defined)
-Looking to put 40 basis points of risk initially, an additional 40 if conditions are favourable
-Possible 5 week horizontal range launching pattern (boundaries are not well defined)
-Looking to put 40 basis points of risk initially, an additional 40 if conditions are favourable
Bình luận:
I don't trade using Bollinger Bands but I like overlaying them over a potential setup to see what they can tell me about price. I love whats called "the squeeze" when the outer bands contract to the point a violent price will usually conclude. At technical chart junctures, these can lead to some explosive setups.
For one of the best explanations I have read in a while on Bollinger Bands, check out this article from #tradeciety
twitter.com/Tra...046032156913664?s=19
twitter.com/Tra...046032156913664?s=19
Giao dịch đang hoạt động:
Short 40 basis points
Đóng lệnh: dừng lỗ:
Should have been more wary of the pinbar day
-Today's price was responsive to narrow range resistance and a 30 EMA
-On the cusp of a breakout