DECISION PROCESS Trend is progressive (exponential selling strength to target price level) Strong selling exhaust (price is moving strongly with volumes) Buying pressure (First buying signal appear on support levels) Contradictory strength (Second buying signal (and confirmation of first one) appear with a buying volume candle)
TIPS - If market is lateralizing and didn't took direction until the 61.8% extension of the last mouvement (red vertical dash), exit or target breakeven of the position need to be think of. - On r/r=1 breakeven of the position need to be think of. - When you trade stocks, always look at engulfing market (here NQ1!, ES1!). Take care of important economic news this week.