Trends are trends ... don't fight them.
You trade by the second, scalp by the minute? Hold by the Day?
Then spot the trend the same way. Fit the R value, closer to "1" the better!
Then plan your price and watch the support resistance moves just fall in line to trace the trend again.
This plan had Rsquared above 0.90 for 21 days. Both the price pattern in Renko's and the Candles are valid. They show two sides of the same moves.
I used SD of 2.5 and then channels for the day were very clear.
Still see strong uptrends with sideways consolidations.
SLV XAGUSD
You trade by the second, scalp by the minute? Hold by the Day?
Then spot the trend the same way. Fit the R value, closer to "1" the better!
Then plan your price and watch the support resistance moves just fall in line to trace the trend again.
This plan had Rsquared above 0.90 for 21 days. Both the price pattern in Renko's and the Candles are valid. They show two sides of the same moves.
I used SD of 2.5 and then channels for the day were very clear.
Still see strong uptrends with sideways consolidations.
SLV XAGUSD