November 19, 2017
RF1U RHT Health Trust and ABCD Buy Pattern
When price action decline, pullback. But pullback is lower than the last high, the price action may continue to decline. You can get MA, or MACD to help in the price action direction. Either you plan to sell, so that you are riding on the CD leg. Of course you can look out for the ABCD buy.
See chart for more. In order for you to be able to trade catch the falling knife, ABCD buy pattern is one of the great strategy, of course you understand all setup can fail. Therefore, you must be willing to cut lost and try again.
RF1U RHT Health Trust and Channel
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.