We can determine if price has finished pull back.
1) Break of 1st structure or Trend line (TL).
2) A new Extreme, another Breakout below will happen if retracement is sell.
It tells us the climax or retracement. we can look for direction entry when price signals.
1) Break of 1st structure or Trend line (TL).
2) A new Extreme, another Breakout below will happen if retracement is sell.
It tells us the climax or retracement. we can look for direction entry when price signals.
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.