Support and resistance levels can be identified by trend lines (technical analysis). Some traders believe in using pivot point calculations. The more often a support/resistance level is “tested” (touched and bounced off by price), the more significance is given to that specific level...
Hello. The strategy is based on trading from support and resistance zones. Expert Advisor is used to draw zones(not public, written according to my technical assignment)
entry from the level (level limits 1856.92-1853.6), stop behind the level -1858.4
tp - 1816
Those are the greatest questions of all.
Let's account for the btc example:
https://i.ibb.co/qyC979t/btcstopdump.png
it pumped to 19k. Ok. When to sell?
Then it dumped. How to know where to buy back in? In the link there's the chart showing where it dumped to.
My idea is that in a flash sell...
Multi time frame orderblocks is one of the simplest strategies which enables experienced and intermediate forex traders to save time on analysis, get accurate understanding of price and avoid bad positions.
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