Continuation, WfBO, W, DB, fL2, HL MTR
About the Charts
daily chart
Always In Long (AIL) since 07/29
Entry Bar for yesterday’s Double Bottom
E-mini ES 2020/07/30
Bear gap, below LOY, Opening Range, 1P, DB, L2, DP, bull CH, W, FF, fBO
Gap to support and strong rally to COY
About the Charts
daily chart
Always In Long (AIL) 07/29
Breakout pullback, Buyers at the daily EMA
Updated Indicators – Reversal Signal Bars, Buy Sell Pressure
The Reversal Signal Bars indicator (NT 8) now shows Supporting Volume, compared to prior bars as well as possible Entry Bars and Breakout Bars after a Reversal Signal Bar.
Continue reading “Updated Indicators – Reversal Signal Bars, Buy Sell Pressure”
E-mini ES 2020/07/29
Continuation, DB, fL2, fBO, 1P, bull CH, mDB, H2, W, BP, XT
About the Charts
daily chart
Always In Long (AIL) since today
Breakout, yesterday’s L1 ended up being a pullback
Trade the 1st Pullback after a Wedge – the W1P!
A Wedge reversal (three or four pushes each with a new extreme) forming at the top or bottom of a trend is probably the most successful setup for a swing trade.
The most crucial prerequisite for a Wedge reversal is a clear trend channel line overshoot and in particular a second overshoot.
Other strengtheners / requirements are: Continue reading “Trade the 1st Pullback after a Wedge – the W1P!”