This is an awesome strategy for beginners -- i have watered it down for you to a simple level -- This is called ''the beginner strategy'' -- Watch this video to learn more -- Disclaimer: This is not financial advice do your own research before you trade -- Rocket boost this content to learn more
As you can see here We are in a downtrend And there's only Red candles It means the price is going down but in the past two days ther's revolution in the market but This means that the market will turn bullish But we won't buy now, we'll wait until it breaks the vwap with a big volume There is also a possibility that he will makes pull back at the trend line....
If you understand the idea, push a thumb up! Have a question? Don't be shy to ask! If you want me to take a look at your stock, let me know.
In this video I analyse the S&P500
We have a downtrend then a correlation and fib 0.5 and inside bar.
possible bullish movement as price breached the resistance zone with a full bodied candle the zone switches from resistance to support