HOLO - Wait For The Trigger To Shoot!

As per my last video idea (attached below), we were waiting for a third swing high to form around our upper red trendline to consider it valid.

Update:
HOLO formed that third swing high so our trendline is now valid. But this one is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?

Trigger => Waiting for a momentum candle close above the gray area to buy. Or the blue dashed line for extra confirmation.

Meanwhile, until the buy is activated, HOLO would be overall bearish and can still trade lower.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich