For counter trend or trend continuation plays, I look for the closing of the "Jaws" or in the case of CCI, the Megalodon. The entry has to be backed up by rising volume. As a general rule: 1. the higher the angle of attack, the stronger the move 2. preferrably a parabolic curve (as this indicates that price has undergone prior development between bulls and bears)
On higher timeframes, the chart here is in a clear down trend so there is a fair probability that this could end up as a bull trap. The play here is to get in early and secure a good position such that if price does breaks down, the opportunity to exit with a profit or breakeven is available.
ปิดการเทรด ด้วยตนเอง
Closed. Unforunately jaws couldn't close and sentiment has started to become negative