A pullback is a temporary retracement in a stock pricing during mark-up stage / uptrend. Pullbacks are widely seen as buying opportunities after a stock has experienced a large upward price movement. Pullback strategy give us the advantage of buying at a lower price in an uptrend to reduce risk and the opportunity to ride the primary trend to increase profit.
As Volume Spread Analysis trader, we tend to combine Sign of Strength signals into the Pullback setup to ensure we buy at the right price with lower risk. In this article, we will focus Pullback with No Supply signal.
No Supply (NS) signal simply mean lack of sellers at the particular price range. No Supply signal can be spotted mostly in a support level. Once No Supply signal appeared, these indicating sellers have been removed from the market and Smart Money ready to mark the price higher!
Below are the case study and recent pullback setup with No Supply signal
Case Study 1
Signal in the daily chart above:
Case Study 2
Signal in the daily chart:
Case Study 3
Signal in the daily chart:
Current Pullback Setup 1
Strength signal in the chart:
Current Pullback Setup 2
Strength in the chart:
Current Pullback Setup 3
Strength in the chart:
All example above shown how can a Volume Spread Analysis trader improve his entry during pullback using COMBO Setup (Green Pentagon + Line Change + No Supply). Below are the previous pullback review with different Strength setup:
https://www.tradingview.com/chart/SEDANIA/EGGKUyJO-TradeVSA-Pullback-Completed-with-Spring-Sedania/
https://www.tradingview.com/chart/SUPERMX/ylnDrbo4-TradeVSA-The-Best-Risk-to-Reward-Trade-Setup/
https://www.tradingview.com/chart/DBHD/37ZIq478-TradeVSA-DBHD-Pullback-Completed/
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Created by TradeVSA | Nov 01, 2021
Created by TradeVSA | Oct 15, 2021
Created by TradeVSA | Oct 06, 2021
Taehyung
Look complicated, but useless analysis !
simply can't make money using this type of flipflop trading method !
2020-05-08 08:56