Don't worry about resistance on spiking parabolic trend trades...

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    Don't worry about resistance on spiking parabolic trend trades we just measure off 200% range expansions above the initial consolidation minus the wicks and that's where the sell order goes.
    You only need one or two a week of these to really grow the account and usually if you have a watchlist of about 20 you can always find a couple of likely candidates for a parabolic setup.

    https://hotcopper.com.au/data/attachments/5832/5832701-a5f39e19db0c491762942a8768a41d71.jpg

 
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