IDEA - Wait For The Trigger!
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Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around daily support. And as per my last video analysis (attached below), we were waiting for IDEA to form a new swing high around the red trendline to consider it our trigger swing.
on H1: our red channel is now valid but it is not ready to go yet. Before we buy, we want the buyers to prove control by breaking above the last high.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
IDEA is sitting around daily support. And as per my last video analysis (attached below), we were waiting for IDEA to form a new swing high around the red trendline to consider it our trigger swing.
on H1: our red channel is now valid but it is not ready to go yet. Before we buy, we want the buyers to prove control by breaking above the last high.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Komen
Trading Made Simple; and Rule-Based
RichTL.com
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t.me/thesignalyst
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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