: After a long advance, price moves sideways again. Volatility increases as institutional players sell to latecomers.
Open your daily chart. Ask yourself: Is this stock in a Stage 2 Markup phase? If the daily trend is strongly bullish (trading above a rising 20-day and 50-day moving average), your bias is exclusively . You will not attempt to short the stock. Step 2: Locate the Intermediate Structure : After a long advance, price moves sideways again
By entering on a small timeframe pullback within a large trend, you can place tighter stop-losses. : After a long advance
His main educational hub for daily market analysis. : After a long advance, price moves sideways again
The central philosophy is to analyze a security from a "top-down" perspective to ensure shorter-term trades are supported by longer-term trends.
