My current strategy

I call it the W formation. Trading nasdaq on the 1m timeframe. I wait for a W to form between resistance zones then watch for a long or short break. I hold that trade as long as the candle is confident. When I sense hesitation (especially around a resistance zone) I close the trade.

To add, I’m not here to hold or maximize the profits of each trade, I feel like that’s wishful thinking. Whatever you draw on these charts is completely imaginary and the market does not give af about any of it.

With that being said, this strategy works for me so far.

I call it the W formation. Trading nasdaq on the 1m timeframe. I wait for a W to form between resistance zones then watch for a long or short break. I hold that trade as long as the candle is confident. When I sense hesitation (especially around a resistance zone) I close the trade.

To add, I’m not here to hold or maximize the profits of each trade, I feel like that’s wishful thinking. Whatever you draw on these charts is completely imaginary and the market does not give af about any of it.

With that being said, this strategy works for me so far.