As you can see, we have bounced off of the bottom Bollinger Band and the YTD VWAP. I am waiting for the Heikin Ashi RSI to turn green, and the regular chart to have a strong green Heikin Ashi candlestick before entry. We have already made a lighter red candle on the MACD and bounced off on the regular candlesticks. We have just broken out of a falling wedge on the 2 hour chart as well. This would be a great swing trade. I would look to target the top of the Bollinger Band for my Take Profit. Keep your charts simple!
