TG
Initially you said.
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Would I on a break above the highs of those 3 bars, sure. It's obviously showing that the old support is now resistance, so if there can be a break of that, then I'd be looking long on a test of that broken resistance. |
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Now you need to see a test of this bar, I'm intersted in why?
So if price just continued up then you'd not be on the trade?
Price has now moved a great deal from the initial "Setup" or Test bar.
Isnt the risk if trading long on this setup becoming too great?
I maybe wrong but Id have thought your buy (given the above in quotes) would have been the break with a stop below the second bar.
TG What "sort" of trader are you?
How do you incorporate
VSA into your trading?