Breaking Any-Side of Penetration will result youBig Move. As a day trader, buy at down-penetration and sell at up-penetration.
For instance, Buy at near the lower low in Price Rotation with the protective stop to loss below Down-Pegenetraction.
if there's not anything fundamentally on this stock, the price will settle very soon as previous channel area.
For instance, Buy at near the lower low in Price Rotation with the protective stop to loss below Down-Pegenetraction.
if there's not anything fundamentally on this stock, the price will settle very soon as previous channel area.
Trade active:
Price Rotation is used in technical analysis to describe the movement of a stock's price within a well-defined small area.
Those type of value areas will offer extremely powerful support and resistance areas for future price action. In the case of the shifting value areas, price spends less time at one single price area. However, we will use these value areas to construct a bigger price structure that will give us a huge opportunity to succeed in the trade.
I WILL WRITE ON THIS TOPIC VERY SOON: The difference between true breakouts and false breakouts, how to use price action, volume activity, and different time frames to confirm the breakout, and how to trade them correctly. What is penetration and why we use it?
- It is generally caused due to trader indecisiveness
- Price movements are broken upon major news.
- The price rotation is the fair market value.
Those type of value areas will offer extremely powerful support and resistance areas for future price action. In the case of the shifting value areas, price spends less time at one single price area. However, we will use these value areas to construct a bigger price structure that will give us a huge opportunity to succeed in the trade.
I WILL WRITE ON THIS TOPIC VERY SOON: The difference between true breakouts and false breakouts, how to use price action, volume activity, and different time frames to confirm the breakout, and how to trade them correctly. What is penetration and why we use it?
Trade closed manually