What is my call to action?
The answer is found in a single word...
Momentum
For me, momentum occurs when the price of a stock sets a direction.
For me, it occurs when the price of a stock picks up speed.
There are two ways I find momentum on a chart:
1) Rising/Falling Chart Pattern
I look for broad trends moving in a definite direction.
2) Rising or Falling Candles
I analyse the highs and lows of each candle. I'm looking for candles moving in a set way.
Momentum is an important aspect of my trading plan.
If I don't see momentum, I don't act.