Candlesticks shows where price want to move,
Volume shows the force behind that move,
RSI signals the strength of the force in moving the price
Bollinger Bands signals the space all these together are making for price to move into
These are my tools &
This is how i use them
More from Aneesh Philomina Antony (ProdigalTrader)
I have explained the importance of meeasuring momentum of the trend.
U can guage the strength in the trend once u know how to measure the direction.
This trend strength is infact signals the trend continuity or the potetnial for sustanining the trend.
Thats great assurace to hav https://t.co/HanLvlXkjQ
U can guage the strength in the trend once u know how to measure the direction.
This trend strength is infact signals the trend continuity or the potetnial for sustanining the trend.
Thats great assurace to hav https://t.co/HanLvlXkjQ
Before making ur trade entry or even before making a bias of trend as either bullish or bearish, do u use any objective measures to define the trend based on price, volume and momentum?
— Aneesh Philomina Antony (@ProdigalTrader) May 15, 2021
Price will always go back and forth move no matter how strong the trend is.
1/4 pic.twitter.com/qqizh2JO3J
#tataelxsi
2772 - 4455
60% move
it made a fresh breakout recently and looks poised to make further gains
strong stock for huge gains https://t.co/bTizotDqHz
2772 - 4455
60% move
it made a fresh breakout recently and looks poised to make further gains
strong stock for huge gains https://t.co/bTizotDqHz
strong uptrending stock
— Aneesh Philomina Antony (@ProdigalTrader) April 4, 2021
unlikely to accumulate for further long
supply seems to have dried up#tataelxsi pic.twitter.com/btBiDgfxbt