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!!!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.