$BTW After 7 consecutive bullish daily candles, I usually look at three things:
1) How big the move is: +71.88%—that's substantial, and the risk/reward ratio for chasing it is getting worse;
2) Whether the streak ends today: up +2.49% so far, so it's still going;
3) Volume on the day it breaks: a high-volume bearish candle is more concerning than a low-volume one.
What signals do you wait for before entering?
#BTW
1) How big the move is: +71.88%—that's substantial, and the risk/reward ratio for chasing it is getting worse;
2) Whether the streak ends today: up +2.49% so far, so it's still going;
3) Volume on the day it breaks: a high-volume bearish candle is more concerning than a low-volume one.
What signals do you wait for before entering?
#BTW