Hi traders,
5 simple rules that will make you avoid running after a trend!
1. After the strong move, look for a re-distribution zone (highlighted in yellow)
2. Look for a 3-wave structure pattern, they usually perform the best
3. Draw your trendlines and wait for a breakout
4. Place your stop-loss above the highs of the re-distribution zone
5. Let your profits run
Happy trading :)!
5 simple rules that will make you avoid running after a trend!
1. After the strong move, look for a re-distribution zone (highlighted in yellow)
2. Look for a 3-wave structure pattern, they usually perform the best
3. Draw your trendlines and wait for a breakout
4. Place your stop-loss above the highs of the re-distribution zone
5. Let your profits run
Happy trading :)!