Target the Return
Plan the trade, then trade the plan.

Price makes the trade. Indicators do not affect price. Indicators affect what strategy we might apply.  

This chart of Great Xpectations GCA is up to resistance. Price is at resistance until it is higher and then resistance can become 'support'. Price has only three directions, can you make a plan to limit risk and have an opportunity to profit?

The point is to learn how to read price, learn how to make a plan, then practice trading a plan with discipline.

 

Up, Down or Sideways

GCA.jpg

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