"Holy Grail" buy on the weekly (Linda Rashke pattern)

Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA. Projection is a retest of the highs. Trailing stop. Failed grails tend to move (painfully) in the opposite direction.

تعليق:

Continuing to trail stops. 4.25-30 next area of resistance