Box Trade Example
DDD is setting up for a bullish "Box Trade". Video explanation.1) Trend changes with 10ema crossing the 30ma. In the example, DDD had a bearish crossover in late January. From this point we wait for a confirmed short signal at 2A) where we sell the first red candle. Loss of the KIRBY (volume by price) left panel gives us further confirmation.2B) Slow Stochastic SELL signal3) Falling below the KIRBY bar signals lowers pricesWe stay short or take only short positions when the 10ema (red line) is below the 30ma (blue line)4) Prices have based and appear to be setting up a bullish crossover. In the video DDD was used as an example the last time this setup occurred in 2013.