Hello,
i write to ask about a setup that im not very familiarized with, the MSBT (mildly striking bounce trade).
in the example attached it looks to me that it could be a msbt because when the price broke the upper band and retrace to the middline and bounce again, but never hit the last HH. so the trend where not striking but mildly striking, then it retraces to the lower band and presents the first rf (didnt take this one as in another post P.Dean reccomends to take the second rf) stall a little bit and presents the second rf (this one took off).
So do you think this is a MSBT or just crazy PA?
i write to ask about a setup that im not very familiarized with, the MSBT (mildly striking bounce trade).
in the example attached it looks to me that it could be a msbt because when the price broke the upper band and retrace to the middline and bounce again, but never hit the last HH. so the trend where not striking but mildly striking, then it retraces to the lower band and presents the first rf (didnt take this one as in another post P.Dean reccomends to take the second rf) stall a little bit and presents the second rf (this one took off).
So do you think this is a MSBT or just crazy PA?