NATURE OF A TREND IS TO PROGRESS
My definition of a trend is when price is above both ma's for 30+ bars
When price fails to make a newer high within 20 bars I expect price to return to the ma's
As price faded and dropped below both ma's I was watching for Bearish patterns
As price created a break-hook-go pattern I entered short at the break of the beginning of pullback
When price fails to make a newer high within 20 bars I expect price to return to the ma's
As price faded and dropped below both ma's I was watching for Bearish patterns
As price created a break-hook-go pattern I entered short at the break of the beginning of pullback
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