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#PriceActionQuiz: Fill up the blank
During the mark down phase, bears will continue to sell on every rise & bulls dont come back to support until ____________________________________
#AlwaysRemember
#PointToNote
#LearnMarketCycles
During the mark down phase, bears will continue to sell on every rise & bulls dont come back to support until ____________________________________
#AlwaysRemember
#PointToNote
#LearnMarketCycles
Good to see lot of answers but its not what I am looking for. You are close but not accurate. The answer is in the chapter itself. Anyone who really studied it well? 🤔🤔
Keep answering guys. So far only 3 people could answer it right. Many people have gone to technical structure of HH, HL, hammer etc. but these are after effects once bulls take a decision to show interest in that stock. I am asking when will they show interest to enter a stock?
#PriceActionQuiz 2:
Answer all 3 questions in the same format to maintain uniformity. No deviations please -
1) Where would you enter short?
2) What would be your SL?
3) For what target would you play?
#TradeWithPAL
Retweet to expand learning to larger audience!
Answer all 3 questions in the same format to maintain uniformity. No deviations please -
1) Where would you enter short?
2) What would be your SL?
3) For what target would you play?
#TradeWithPAL
Retweet to expand learning to larger audience!
Thank you friends for sharing your responses on this quiz. Many people have answered well. I will now share my view against each question & I hope that it will help you learn something new. 1) Where would you enter short?
1) Where would you enter short?
Here are the possible entries -
a) Enter at next candle open becoz it closed below the recent low (Blue candle with long wick) from where bulls pulled the price up.
b) Wait for price to pull back to EMA21 55.65 & see if it falls again.
Here are the possible entries -
a) Enter at next candle open becoz it closed below the recent low (Blue candle with long wick) from where bulls pulled the price up.
b) Wait for price to pull back to EMA21 55.65 & see if it falls again.
