Attachments forums
Re: Average Daily Range Trading
JADragon3, Wed Aug 23, 2017 9:04 am
Not really sure what to expect today. Taking the nice impulsive move downward into consideration , I would expect a pullback to the top of the new open stretch channel and then a sell. Top of the stretch matches up with mid day pull back. So , signal I am looking for is , Sell at top of the stretch or developing 5 day HA median moving average. Looking for a continuation past yesterdays lows into the 6 day low. Gotta keep an eye out for the developing lower range dotted mid line and see how price reacts.