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Hi there,
I have this general question.
Suppose I have got a LH MTR pattern but the entry bar is just below the top of the bear channel or just below the top of TR. Should I trade LH MTR as it is suggested to take long or should I go short as 75% of BO of channel or TR fail so we should sell at the top the channel or TR and follow BLSHS.
Thanks in advance for valuable inputs.
Thank you very much Mr. Carpet.
Regards,
Hi Mr. Carpet,
First, I like to thank for explanation. Actually I am asking about LH MTR signal at the top of channel rather DT LH MTR.
I am also sharing a similar, not exact chart to clarify my doubt. In the 2nd chart, where I have drawn a yellow color straight line to show a possible TR, AL is suggesting to buy there, which is confusing because we should sell at the top of TR.
It is kind of a 2nd question which is similar to the question I asked previously.
Regards
Harpreet

