Sentences with phrase «bullish impulsive move»
To put it differently, if it happens that you notice a triangle as the fourth wave, then the traders should put options because after the triangle is broken to the upside in the case of the bullish impulsive move, the markets will make a new high when we compared it to the highs from the third wave and the price will have the tendency to move lower as the new high is being created.
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The put options as examined previously should have shorter expiration date when compared to the call options in order to follow as the wave c, that is an impulsive move and it should travel faster than the actual follow move and in addition to all this, since this is a bullish pattern it should be followed by the price action for the bullish pattern.