Hey all:
Im trying to know this strategy better by trading it via backtest. Untill few time ago, I still thought the entrance was before the bounce on any significant level was formed, but by reading recent posts/ snapshots I realiced that wasnt the way to go. You have to wait untill you have some evidence that the bounce is forming, right?
Well then, would that trade be a good entrance, even though it fails?
*Support found on previous ressistance
*Little triangle formation, and break of that triangle
Thankyou all!
Im trying to know this strategy better by trading it via backtest. Untill few time ago, I still thought the entrance was before the bounce on any significant level was formed, but by reading recent posts/ snapshots I realiced that wasnt the way to go. You have to wait untill you have some evidence that the bounce is forming, right?
Well then, would that trade be a good entrance, even though it fails?
*Support found on previous ressistance
*Little triangle formation, and break of that triangle
Thankyou all!