HI Dears
by using the RTM Method,
As you see in this chart, we have a pole, an engulfed resistance, and an MPL LEVEL that engulfed later.
Everything is clear. When the MPL level is engulfed, the trend may change in that timeframe.
Anyway find a good entry point to go long position with the target of the base of the pole.
The RTM Method tells us everything.
Sincerely
Hosein Poursaei
by using the RTM Method,
As you see in this chart, we have a pole, an engulfed resistance, and an MPL LEVEL that engulfed later.
Everything is clear. When the MPL level is engulfed, the trend may change in that timeframe.
Anyway find a good entry point to go long position with the target of the base of the pole.
The RTM Method tells us everything.
Sincerely
Hosein Poursaei