I generally look at the two timeframes (w)(d) (with no indicators) & only like to trade corrective structures or breakouts from consolidations. Mainly looking at price action ie: corrective or impulsive. If I think there is a opportunity I then add my indicators. I am mainly looking for divergences between the macd/adx & price. The squeeze is great at consolidationsie: price starting to tighten up & about to take off. John Carter got me started on the Squeeze after reading about his 1 million dollar overnight trade. (went to the effort of building a squeeze for my charting package able to see it on my watchlist with Zanger volume ratio) Appreciate the advice @Cheek-Charm. Take care! Looks like the XJO finding support today ? XJO finding support
TYR Price at posting:
86.5¢ Sentiment: Hold Disclosure: Held
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