Conclusion: For Bull Flags, wait for at least 2 Full Red Candles (on low Volume) in the Pullback
Conclusion: Lookout for Large Green Candles
For Bull Flags, Wait for there to be more than 1 full Red Candle before Entering.
Pullbacks can be entered with only 1 full, Small Red Candle, but they need to have several (more than 2 or 3) consecutive Green Candles in the Buildup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-08-04 10:17:39 | JMIA | buy | $23.420 | long |
2020-08-04 10:17:39 | JMIA | buy | $23.430 | long |
2020-08-04 10:17:55 | JMIA | sell | $22.850 | long |
2020-08-04 10:17:55 | JMIA | sell | $22.850 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!