BRK.B, SUPPORT AND RESISTENSE ANALYZE, 4.3.2020
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
At the moment, we are still haunted by the corona virus. Sentiment is set to go downward, but we must not be pulled down by the crowd, because various other fundamental indicators do not show what the market is currently showing. Focus on longer-term deals (6 months). Therefore, I also decided to choose BRK.B. Think rationally.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
At the moment, we are still haunted by the corona virus. Sentiment is set to go downward, but we must not be pulled down by the crowd, because various other fundamental indicators do not show what the market is currently showing. Focus on longer-term deals (6 months). Therefore, I also decided to choose BRK.B. Think rationally.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.