Thanks for the share @Cladi39 i am sort of pull back trader too, here is my way to analyze your cap i would prefer to catch 4 conditions in this chart to make my decision highlighted by numbers in boxes.Cladi39 wrote: Mon Sep 16, 2019 4:42 am My ideas, strategies or indicators i use are based in the basic principle of market, The price tends to correct when a sudden movement in the opposite direction appears. Soo basicaly im a pullback trader.
Check attached picture.
7 high candles
a) 3 correction low candles with strong rejection at last candle
b) 1 another high candle with rejection again but the wick is smaller then previous low candle
c) 1 another low candle and the wick again is bigger then previous high candle
d) Here comes the Spintop the clear sign of resolve & then comes high candle here is the catch to go higher.