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Yuriy_Bishko
Dec 7, 2020 9:01 AM

AAVEUSDT - closing the daily in front of the level. Long

AAVE / TetherUS PERPETUAL CONTRACTBinance

Description

if the daily cadlestick in front of the level, withput a shadow in the direction of yhe levland with a displaced body in the durection of the level, this is a prerequisite or breaking through the level from the opening of the candle the next day.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

Comment

Comments
mylostrading
Sorry, I find this breakdown very hard to understand.

What do you mean by 'with the shadow' ?

AAVE has broke that key level, are we now waiting for a retest of that level for confirmation to enter the trade?
Yuriy_Bishko
@mylostrading, We are waiting for level testing.
continuing growth.
if you do not change the market.
dolaneh
@mylostrading, he means without a shadow. kind of a whole body candle or so...

still, Daily candle should be closed higher than level to be called a break, meaning it's not happened yet.
dolaneh
If closed below that level with shadow, probably going short?
Yuriy_Bishko
InkyGrip
Interesting view 🦐💪🏻
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