- A well-formed hammer appearing during a pullback in a strong uptrend, in conjunction with a momentum indicator extreme low, can make a very pretty picture.
A week of consolidation above/below all relevant vWaps and a clear target above/below. Trading breakouts all i am concerned with is that i am in a supply/demand zone and far from a decision zone. For the long side once we open up on a breakout i know its a good chance im going to see ATR expansion and follow through but all i really want is a nice day 1 run and a solid hold for day 2 so i can adjust my stop to riskless-ish everything else is gravy
Crouching-Tiger-Hidden-Dragon https://www.tradingview.com/script/xpxWWSxF-Crouching-Tiger-Hidden-Dragon/ https://www.tradingview.com/chart/BTCUSD/9XVA4luq-Crouching-Tiger-Hidden-Dragon/
Thanks, How often do these emerge in your experience? Do you implement measured moves using these? Would principles of measured moves as applied to say an A to B / C to D, or a Double Bottom perhaps apply to Crouching Tiger, Hidden Dragon?
You truly believe that successful traders are going to reveal their secret sauce so that you can eat their lunch...?