Hi all,
Lets discussion about the topic Top and Bottom BUY LOWER and SELL HIGHER.
1st we know that nobody know where exactly the Top and the Bottom in this market, but i believe that Top is the higher high of the many high the price in the process uptrend rally in the certain period and also the Bottom is consist from the many low that the price in the process down trend....
and the interesting from this statement is Buy Lower and Sell Higher ....
let share your opinion on this ......
for me i just counted x-a-b-c (part of EW correction) and entry at the point c (buy or sell) and using Trend line to confirm the reverse of price from lower to high or from high to lower and using the channel to indicated the higher target ....
that will recommended for all time frame .....
Here is the sample of GBPUSD M5 Time Frame
just entry sell at the point c ...
cheers
Lets discussion about the topic Top and Bottom BUY LOWER and SELL HIGHER.
1st we know that nobody know where exactly the Top and the Bottom in this market, but i believe that Top is the higher high of the many high the price in the process uptrend rally in the certain period and also the Bottom is consist from the many low that the price in the process down trend....
and the interesting from this statement is Buy Lower and Sell Higher ....
let share your opinion on this ......
for me i just counted x-a-b-c (part of EW correction) and entry at the point c (buy or sell) and using Trend line to confirm the reverse of price from lower to high or from high to lower and using the channel to indicated the higher target ....
that will recommended for all time frame .....
Here is the sample of GBPUSD M5 Time Frame
just entry sell at the point c ...
cheers