plugking | Oct 26, 2020 12:40pm | Post# 71401 | 2 Attachment(s) Disliked {quote} Hi Plugking, hope i can give my opinion on this. At all moment, 1st thing to look is BB, if you are not trading MTF. At the moment you are pointing, BB were converging (can't see proper tf, but usually people call it consolidation). when BB are both flat, or parallel, there is no CSD. one should trade BB range. until you have a break of BB. when it's then called "momentum". Regards,
Thank you so much coolmakina for your answer. i will noted that when BB flat there is no CSD
but , i still confused that my analysis is right or not in term of BBMA code , to be honestly, i am looking at MTF too, (but i prefer H4,H1,m15 for intraday)
and i know at that moment TF D1 and W1 still had bear pressure but i think around 3090-3100 price can hold really well and possible MLV
and TF H4 show CSD so it possible make Higher LOW but yeah... after that price sideway and conflict at that moment. but right now price go up 80pips on monday
i want to know that what i think is right or not "in term of BBMA Code" (Valid REE CSD on H4) or it's just my bias i think price will go up, NO Valid BBMA code (i should looking only short? when daily/weeklyshow sign of downtrend)
and if wrong what's right (BBMA) for this moment what's should i think in this situation, can you and Comar share your idea, please   |