Starting to see some range compression on the day chart and a doji just formed which might mean the bears are running out of steam.
The TD Sequential count almost made it to 13, the day bar today had yet to finish but it may be the first 1 count in the bull direction in a long time. That is if it can close above the close from 4 days prior.
This is the first trade I've ever done using TD Sequential and what I've learned is to wait for range compression AFTER a 9 or 13 count before jumping into a trade. A doji or morning star or something similar is probably a good combo.
The TD Sequential count almost made it to 13, the day bar today had yet to finish but it may be the first 1 count in the bull direction in a long time. That is if it can close above the close from 4 days prior.
This is the first trade I've ever done using TD Sequential and what I've learned is to wait for range compression AFTER a 9 or 13 count before jumping into a trade. A doji or morning star or something similar is probably a good combo.
