Saturday | October 29, 2022
So, let's do a quick review/summation on how
you like to locate potential tops and bottoms...
You've got five indicators that define various levels of support or resistance, so that you have three basic setups for entering positions:
Also, use your diagnosis on the direction of the trend and the projected lengths of candlesticks to be ready to buy or sell if and when rates venture into the "wrong zone" with respect to these regions...
So, let's do a quick review/summation on how
you like to locate potential tops and bottoms...
You've got five indicators that define various levels of support or resistance, so that you have three basic setups for entering positions:
- Where you see convergence between multiple support or resistance measures
- When candlesticks have been painting on the "wrong side" of a sloping dark-orange baseline
- Where candlesticks have been forming on the "wrong side" of a sloping dashed-green baseline
Also, use your diagnosis on the direction of the trend and the projected lengths of candlesticks to be ready to buy or sell if and when rates venture into the "wrong zone" with respect to these regions...
Last edited: