6 ENTRY METHODS FOR TRADING
Save this, thank me later #trading
1. TRENDLINE REVERSAL and BREAK
Enter long when a downtrend is broken, enter short when an uptrend is broken
2. SUPPORT and RESISTANCE
Price tends to bounce at those levels. Look for buy/long at support, look for sell/short at resistance
3. FIBONACCI RETRACEMENTS
For some reasons, price tends to bounce at fibonacci levels when the correction is over
4. CONSOLIDATIONS
We can wait for price to end its consolidation or "rest" period before continuing its trend
5. GAPS
Sometimes gaps can be filled. So, price will tend to go to where the gaps were formed.
6. VOLUME CLIMAX and TREND
Volume often reaches its climax near or around the highs or lows