Hello everyone, if you like the idea, do not forget to support with a like and follow.
MANA is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: MANA formed a valid channel in red but it 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 last swing high (in gray) to buy.
Meanwhile, until the buy is activated, MANA would be overall bearish can still trade lower til the lower blue demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MANA is sitting around a strong demand zone in green so we will be looking for buy setups.
on H4: MANA formed a valid channel in red but it 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 last swing high (in gray) to buy.
Meanwhile, until the buy is activated, MANA would be overall bearish can still trade lower til the lower blue demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich