A RARE BULLISH TREND INDICATOR SHOWS UP AT 4 hour time frame. This is rare because it doesn’t show up even the chart is bullish as you can se to the previous price movement $GME, i got this technique from a forex trader. Let see if SHF can suppress it down. Must be fun week coming in hot.😎
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TRADE BETTER TIPS: TREND ANALYSIS INDICATORS IN FOREX TRADING
Chasing the Trend is a trend trading strategy using Heikin Ashi candles, the Awesome Oscillator (AO), and RSI. The combined Heikin Ashi and RSI signals help determine an entry point, and the AO indicator helps find a perfect moment to lock in the profit. Setting Up the Platform
Select an asset in Forex mode.
Go to the Strategies section, choose Chasing the Trend, and apply the strategy on the chart.
BUY Trade Conditions: 🔹 The RSI line is above 50 🔹The Heikin Ashi candlesticks indicate an uptrend 🔹 The current Awesome Oscillator area is near or above the zero line Place a Stop Loss slightly below the closest local minimum when opening a position. Try to catch the moment when the Awesome Oscillator approaches the zero line. This can be a good time to close your position. SELL Trade Conditions: 🔹 The RSI line crosses the 50 mark downwards 🔹 The Heikin Ashi candlesticks indicate a downtrend 🔹 The current Awesome Oscillator area is near or below the zero line Kindly apply and practice the Trend Analysis Indicators in your Demo Trading Account to master the Trading Strategy before trading with real money. Trade to Win with OlympTrade.
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