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|Chapter 3 Applying VSA showing anticipated trade
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|Author:||wmcrocker [ Sun Jan 29, 2017 3:56 pm ]|
|Post subject:||Chapter 3 Applying VSA showing anticipated trade|
This post is an application of the provisions in Chapter 3. We have a bearish conformation of the Prior hidden gap. The 1st WRB HG area shows weakness and a no demand candle which is confirmed by the following red candle in that its open is a little below the top of of the No demand candle. The price action descends to the prior hidden gap and penetrates nearly the whole spread. Strength shows itself and price action retraces halfway. The is bearish rejection across range until the price drops into and below the prior HG to support. The trade I am anticipating is a short entry near the hand drawn support line. The target is the lowest WRB HG unfilled.
|Author:||wrbtrader [ Thu Mar 09, 2017 8:53 pm ]|
|Post subject:||Re: Chapter 3 Applying VSA showing anticipated trade|
Thank you very much for the trade information especially the merger with VSA. Please post more charts like that because there are some users using VSA with WRB Analysis that will greatly appreciate it and may encourage conversation from them.
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