My trading plan is very simple.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price near buying zone at bottom of channels
Money flow momentum is spiked negative and at bottom of Bollinger Band
Entry at $62
Target is upper channel around $67
Set your own stop.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price near buying zone at bottom of channels
Money flow momentum is spiked negative and at bottom of Bollinger Band
Entry at $62
Target is upper channel around $67
Set your own stop.
Trade active
Bought at $62 today. Trade closed: target reached
WOO HOO! Position closed with nice profit. Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
