Hello everyone, if you like the idea, do not forget to support with a like and follow.
Long-Term:
KSM is trading inside this giant symmetrical triangle in brown.
As per my trading style, I will be waiting for a third swing to form around the upper brown trendline to consider it valid then buy on its break upward. (projection in purple)
Short-Term:
As KSM approaches the lower bound/brown trendline, I will be looking for buy setups on lower timeframes. Any bullish reversal setup like a double bottom, trendline break, and so on...
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Long-Term:
KSM is trading inside this giant symmetrical triangle in brown.
As per my trading style, I will be waiting for a third swing to form around the upper brown trendline to consider it valid then buy on its break upward. (projection in purple)
Short-Term:
As KSM approaches the lower bound/brown trendline, I will be looking for buy setups on lower timeframes. Any bullish reversal setup like a double bottom, trendline break, and so on...
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich