The trend chart is used only to signal direction of the trend, which would be the biggest chart such as the weekly for example. The decision chart could be the daily where you should see an FP / HRFP. The action chart would be a 233 minute or any chart smaller if using smaller decision and trend charts. In this action chart, there shouldn’t be an overbought or oversold reading (depending on direction) in the SRSI or not up against the BB (top or bottom) and the stock should be making its way for a new stronger move. I am here to learn to start swing trading from scratch and would like that basics if anyone can help. I know it takes a lot of studying and effort and thats what Im here for.
