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Friday, April 20, 2018

How to spot potential Swing and Scalp trade

Tools You Need
1. Pattern 1day or 4hrs time frame
2. RSI oversold or overbought 
3. Candle Stick Pattern
4. Fibonocci tool
5. Support and Ressistance (Structure)



Skills needed
1. Patience and anticipation
2. able to spot the right entry position
3. able to spot where to end
4. able anticipate sudden changes of direction
5. able to spot support and ressistance

Rules 
1. Pattern is formed or about to formed
2. supported by RSI oversold or bouaght
3. add trade on pull back

pic above are the example and for the process watch the video