EDUCATION: IDENTIFYING IMPULSE/CORRECTION IN PARTICULAR TREND
As we discussed earlier, finding impulse and correction signals in chart was a preliminary step to predict the price flow.
Once we came to know how to identify it. Spontaneously, we have a question
How to identify Impulse and corrective structure in a particular trend and how to place a trade?
A trade was decided by lot of external and internal factors. Every trade has its own uniqueness and behaviour.
In the above examples,
Example:1
The signals starts in bearish trend and a impulse forms against the trend flow. which forms A wave and tend correction which forms B wave or trend continuation pattern. we buy at breakout and set the stop loss behind the B wave or flag pattern.
Example:2
In that, we have bearish trend which forms A wave and then corrective structure follows the previous pattern.
we could sell that at breakout for wave c and set the stop loss behind the B wave.
Once we came to know how to identify it. Spontaneously, we have a question
How to identify Impulse and corrective structure in a particular trend and how to place a trade?
A trade was decided by lot of external and internal factors. Every trade has its own uniqueness and behaviour.
In the above examples,
Example:1
The signals starts in bearish trend and a impulse forms against the trend flow. which forms A wave and tend correction which forms B wave or trend continuation pattern. we buy at breakout and set the stop loss behind the B wave or flag pattern.
Example:2
In that, we have bearish trend which forms A wave and then corrective structure follows the previous pattern.
we could sell that at breakout for wave c and set the stop loss behind the B wave.
Nota
I hope these live chart examples will help you to understand more.Here, a impulse forms against the trend flow and tends corrective structure.which changes the trend flow.
Nota
But, here its a different scenario the bearish trend forms A wave and the corrective structure follows the previous trend pattern.Nota
If you find it useful, hit the like and commentfollow our updates for more profitable trades.
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.