A complete 1->2->3 wave pattern can be made on ABB ..
.use simple strategy to make money...
Trendline has been drawn once candle(Green candle) breaks the trendline --> following the MFI breakout
take trade
entry price === >> green candle ( high - low ) /2 + high
exit price ==>> 1R --> 2R as targets : R = risk --> nearest swing low
advance traders can also use ADX to maximise the profit
.use simple strategy to make money...
Trendline has been drawn once candle(Green candle) breaks the trendline --> following the MFI breakout
take trade
entry price === >> green candle ( high - low ) /2 + high
exit price ==>> 1R --> 2R as targets : R = risk --> nearest swing low
advance traders can also use ADX to maximise the profit