How to identify a counter trend trade oppurtunity. | Wicksdontlie
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How to identify a counter trend trade oppurtunity. | Wicksdontlie
4.2K views1 year ago
FacebookWicksdontlie
Counter trend trades only work when support or resistance actually slows the trend and structure starts shifting. Most traders jump in early instead of waiting for the trend to weaken. If you’re trading against direction, you need clear signs that momentum is fading and the level is holding. Patience protects you when you’re moving opposite of the trend. | Bri Hollis
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Counter trend trades only work when support or resistance actual…
12.9K views4 months ago
FacebookBri Hollis
⚠️ Counter trend trading is for the experienced. 📈However, it can work in your favor when you understand the overall trend on the higher timeframe. 🧐 These typically have pullbacks that last a few days and allow you to compound your swing trades, or simply find a set up. 😉I recommended 4h timeframe for entries. This helps with avoiding manipulations, BUT you can totally use smaller timeframes if you know what to look for and have the experience. 1h works too. 🔑 The key is to understand the d
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