Hello!
I'm a beginner in swingtrading and I was just wondering if what I've done here was right. I've marked a new major swing level with a black arrow and was waiting for a pullback. It took awhile but eventually it pulled back with three consecutive red candles. Then I marked a 'testzone' where I want the price to go again, kind of forming a double bottom pattern. When the second trench of the double bottom is complete, that is my buy signal.
I would really appreciate it if you could give me some feedback!
I'm a beginner in swingtrading and I was just wondering if what I've done here was right. I've marked a new major swing level with a black arrow and was waiting for a pullback. It took awhile but eventually it pulled back with three consecutive red candles. Then I marked a 'testzone' where I want the price to go again, kind of forming a double bottom pattern. When the second trench of the double bottom is complete, that is my buy signal.
I would really appreciate it if you could give me some feedback!