Example of Overlapping Price action

٣٠ أغسطس ٢٠١٨

This scrip is running in lots of Overlapping price action , and highly congested on daily , its better to stay away form this scrip until it make an promising reversal , which is very impulse in nature on daily and weekly , till then its not that Good trade efficient trade
During overlapping price action , the price tend to move both high and low of daily candles , when you buy and place your stop on low of the Bullish candle , in this situation you might get stopped out and see the trade run in the direction of your forecast
I am purely looking this for investment once it confirms the reversal on weekly with strong close

١٧ سبتمبر ٢٠١٨

تم فتح الصفقة

I think the correction is complete and price has jumped now ,making 145 as low , one can look for entering on pull back reversal on daily or i would say one sharp correction & reversal , that would give you Good results