Sell the fractal breakout to the lower side
Price is below the cloud
Chikou-span has exited cloud to the downside
Take profit at 2146. It may take support at this level.
Position sizing is as per risk.
Well most of you dont know the Wave principle in properly and deep understanding manner , its so easy when you understand the concept
You can look the plotting in the chart , its not candle stick , its not line chart , its not having any Price chart at all , so what i am trying here ??
Its simple people i am using an indicator , Bill Williams indicator...
Bill Williams introduced the Alligator indicator in 1995. There are three lines of SEMA, overlaid on a pricing chart, that represent the jaw, the teeth and the lips of the beast, and was created to help the trader confirm the presence of a trend and its direction.
The Alligator’s Jaw, the “Blue” line, is a 13-period Smoothed Moving...
Usually people call it with many other names, but anyway its one of the indicators developed/used by Bill williams & as any other strategy if you apply with proper plan you can win most of the time & make money. It depends on how you apply & if you have bit of coding skills, try it out with trade signal generation in Pine script.
Happy Trading :)
Seems Alligator gone to sleep. So, need to wait for Awakening Alligator.
Small Notes about Bill Williams Alligator
Sleeping Alligator – this is when we shouldn’t be in the market
Awakening Alligator – this is when we should get ready to hop in the market
Eating Alligator – this is when we should be in the market
Awakening Alligator at the level -...