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nilesh mishra
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How to Distinguish Accumulation/Distribution with VSA?
nilesh mishra replied to r4bb1t's topic in Volume Spread Analysis
Hi, How to identify that an accumulation phase or distribution pahse is about to end, specially in intraday trading (5 min charts or lower tf charts) ? -
suppose we are in uptrend and stock/index is making higher pivot highs and higher pivot lows, then a stage comes when prices becomes unable to take out the previous pivott highs and makes a pivot high in the area of previous pivot high or a lower pivot high then breaks a minor pivot low, then we are in possible sideways trend. at this stage I shift my trading techniques from trending markets to sideways maket. For sideways market I use Bollinger band and RSI combination and scalps regards nilesh
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100k Registered Users of TL!
nilesh mishra replied to MadMarketScientist's topic in Announcements and Support
:applaud: on achieving remarkable 100k mark.....