ilmscore | Prediction Details
"we would have a one point five risk reward on this trade we would then also if this was something that you were trading you would also place a trade at this line after the breakout so it would look something like this you would have your stop-loss under the previous swing low like so and you would have a one point five to one risk reward very similar trade to what we just looked at next up you would have the same thing right here you would have this move you would have a position tool as a trend trader sitting at the previous bodies of these highs which would be right here and that actually would not have been hit more than likely so what you would had to do is move up to these highs after the breakout you're looking for a market to come down into these highs now and whenever it does you're placing your order right there with a stop loss right below your previous swing lows so that would look like this and a target at a one point five would look like this and so this would be a good way to trade based on trend continuation this is a way you can look at this trend continuation the swing highs major swing highs and major swing lows as levels of opportunity to place trades and this would be a way of actually trading that something you could potentially test as a trend continuation strategy"
By The Trading Channel (The Trading Channel) | April 2, 2020 | Pending
From video
How To Identify Swing Highs & Lows (Only Top 5% Of Traders Know How This Works) 00:22:20 - 00:23:45
Interpreted Prediction
A specific trend continuation trading strategy is outlined, involving placing trades at previous resistance levels that have been broken, with stop-losses below the previous swing low and a 1.5:1 risk-reward ratio.

Prediction Details

Topic
Trading Strategy

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