Wait for a break of resistance (ceiling).
Wait for a RETEST (where price closes above the previous level of resistance).
Once price confirms resistance as a new support (floor), it is safe to enter.
Price doing this is a continuation of an UPtrend.
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Wait for a break of support (floor).
Wait for a RETEST (where price closes below the previous level of support).
Once price confirms support as a new resistance (ceiling), it is safe to enter.
Price doing this is a SHIFT in MOMENTUM.
Wait for a RETEST (where price closes above the previous level of resistance).
Once price confirms resistance as a new support (floor), it is safe to enter.
Price doing this is a continuation of an UPtrend.
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Wait for a break of support (floor).
Wait for a RETEST (where price closes below the previous level of support).
Once price confirms support as a new resistance (ceiling), it is safe to enter.
Price doing this is a SHIFT in MOMENTUM.
Comment:
Buy on the scanner