Stage 2
We are now going to enter the trade!
Below is a 5 minute KC chart of the trade.
It shows the Bollinger bands in blue and the three Keltner bands in orange.
The Keltner bands have been shaded grey for your convenience.
A Di Napoli MACD is shown in the lower half of the chart >>>
By
tymen1 at 2008-06-15
The "new open" is the opening of the 4th or entry candle.
Remember we are going to enter
short.
The question is on the chart.
Read it
very carefully and follow the stages in answering the question.
Answer, together with Stage 3 tomorrow.