Been following SUI for a while now and bullish formation still intact.
Being patient for the “right” trade.
What does the “right” trade look like?
I’m looking for price to enter or come close to the last higher low in the most recent fractal. You can see me tracing HH & HL within a higher timeframe to verify direction.
To be more specific, I’m looking to enter around the last sell (supply) on the 4HR/1HR. I should see either a BOS or no new lows being made inside my defined range.
An analogy I like to use is I must trade like Jerome Powell cuts rates. I need to first see evidence that the “economy” (price) is changing.
Risk management is rule #1. If it doesn’t fit, be patient. There will always be another opportunity. ALWAYS!!!
Being patient for the “right” trade.
What does the “right” trade look like?
I’m looking for price to enter or come close to the last higher low in the most recent fractal. You can see me tracing HH & HL within a higher timeframe to verify direction.
To be more specific, I’m looking to enter around the last sell (supply) on the 4HR/1HR. I should see either a BOS or no new lows being made inside my defined range.
An analogy I like to use is I must trade like Jerome Powell cuts rates. I need to first see evidence that the “economy” (price) is changing.
Risk management is rule #1. If it doesn’t fit, be patient. There will always be another opportunity. ALWAYS!!!
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。