isslerman
@t_isslerman
What symbols does the trader recommend buying?
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isslerman
The ideia is always the same. It's a mix of numbers, manipulation and a lot of expertise of marketing and pictures. But who moves the market if who really want. Up, up, up to make every body happy, a little down, up again, more people happy, a little down... You know the path. So after said, we have a symmetry forming with another resistance and support formed. The price is turning down, there is no high higher and will be a correction and then low lowers. Thats the rule. Money saved for who wants. Little fish will cry.
isslerman
Cosmos is in a potential accumulation stage (market structure). You never know if the price will break out higher or continue the downtrend. Next, there’s a buildup formed around the 11.49 resistance area. This tells you one of two things: 1)The buyers are willing to buy at higher prices, even at resistance; or 2) there’s a lack of selling pressure, and that’s why the price is unable to move lower. Whatever the case, this is a sign of strength.So to trade the breakout, you can go long with a buy stop order above the highs of resistance (entry trigger). Your stop loss goes 1 ATR below the lows of the buildup (exit when you’re wrong) and you can trail your stop loss to ride the potential trend (exitwhen you’re right).Reference: The rights here for this is part of the learning course and trading strategies that can be found here: tradingwithrayner.com/
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