PATS ( price action trading) Review

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We as well ‘m not really totally in love with the actual validity associated with trendlines as well as much choose using horizontally support/resistance areas. I personally use every day, 30min as well as 5min graphs with regard to my personal buying and selling. Upon individuals graphs sick tag diagonal trendlines about the every day as well as 30min graphs in the event that so when We observe all of them. Nevertheless I’ll just make use of horizontally S/R areas upon my personal 5min graph. My personal thought is actually which even though diagonal trendlines frequently work out, it is almost always due to S/R, not really the actual trendline. It’s simply chance more often than not which trendlines seem (and the inate capability to determine designs on the planet close to us).


My personal considering is actually when We visit a possible trendline rebound establishing about the 30min graph, sick take a look at my personal 5min graph with regard to explanations why that time will maintain for example: We search for horizontally S/R places. Basically do not observe any kind of S/R for the reason that region, I’ll not really consider the actual industry simply due to a possible trendline rebound.