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The Weekly Inside Bar (WIB) setup is probably the best method for someone who wants to start taking small SL trades (i.e. β€4%).
If you take a trade where your stop is β€4% and you risk 1% of your capital, you can put in 25% of your capital.
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The Weekly Inside Bar (WIB) setup is probably the best method for someone who wants to start taking small SL trades (i.e. β€4%).
If you take a trade where your stop is β€4% and you risk 1% of your capital, you can put in 25% of your capital.
(1/3)
WIB is a simple VCP pattern where both price and volumes are contracting. Yes, the WIB is a VCP!
VCP is not a pattern but a characteristic where both price and volume contract and you trade a breakout from that price contraction.
(2/3)
VCP is not a pattern but a characteristic where both price and volume contract and you trade a breakout from that price contraction.
(2/3)
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