Hi Some notes to myself and hopefully something helpful to my fellow traders for trading longer term market structure without the use of lagging indicators.
Simply looking for reversal patterns like the double bottom seen here then waiting for a break out upwards of Structure Resistance and the decending trendline .. Retest of now hopefully support.. waiting for a successful Daily close above the Structure Support area and buying on the following days open.
Simply looking for reversal patterns like the double bottom seen here then waiting for a break out upwards of Structure Resistance and the decending trendline .. Retest of now hopefully support.. waiting for a successful Daily close above the Structure Support area and buying on the following days open.