i am dealing with that question that how can i determine the chance of that if the price make a big correction or i can let price run toward the trend direction.
( i hope it is understandable what i woould like to ask)
so i tried many tools to help establish the strenght of the recent moving and i can calculate with the moving the direction or make a big pullback the price..
I used divergence, levels, indicator to help meg answer the question can i wait a pullback or price can contionu tiward trend direction.
i would be establish the for both scenario.
what kind of tools do u use which help you in this question?
( i hope it is understandable what i woould like to ask)
so i tried many tools to help establish the strenght of the recent moving and i can calculate with the moving the direction or make a big pullback the price..
I used divergence, levels, indicator to help meg answer the question can i wait a pullback or price can contionu tiward trend direction.
i would be establish the for both scenario.
what kind of tools do u use which help you in this question?