Not exact matches
When the major averages subsequently get back above their 20 -
day exponential moving averages and hold, we can then get excited about new long
setups because the potential for a new uptrend (or resumption of the
previous uptrend) increases.
The 4 hour fakey that I discuss in the above video occurred within the context of the
previous days pin bar / inside bar combo
setup, this added further validity to the 4 hour fakey.
This example (retrace
day trading
setup) shows that the low of the
previous session was the perfect price target for this trade.
The 4 hour fakey that I discuss in the above video occurred within the context of the
previous days pin bar / inside bar combo
setup, this added further validity to the 4 hour fakey.