Peak and valley

Peak and valley

Is one of the most important things that a reliable analysis of all kinds
from the fact that without it there is resistance and supports or trend line so it’s most important

In this case what are the most effective method of trading by using Peak and Valley so let all of us add his experience in this regards to find best way for trading





Greenius

Let look at 1st method i will look at peak and valley of pervious day at peak i will add horzontal line at high of Peak and i will be more interesting in reversal candles as hummer shooting start or ect , will add another 2 dotes line on at low and closing and i will named P1 same i will do in Valley and will be V1

and then what?

AM

see this

how to go long from Valley in this case i will monitor price 1h chart to find candle stick have lower low if i found one i will add 2 line at low and high still i did not made any position till i have an other candle closing above high in this case i will add to pending order one will be long from A sl below valley by 10 pip (point B)

another one short at B sl at A Target 20 & 50 pip

live