Green - Support
Red - Resistance
Dashed trendlines - Weak
Thin trendlines - Moderate
Thick trendlines - Strong
Red Horizontals - Sells
Green Horizontals - Buys
Dashed Verticals - Probable dates
Trendlines/horizontals intersections are buys and sells
Buy the bottom and sell the top, not the other way around like you usually do! Peace! :D ;)
Disclaimer: These are not trading signals. Trade at your own risk!
Red - Resistance
Dashed trendlines - Weak
Thin trendlines - Moderate
Thick trendlines - Strong
Red Horizontals - Sells
Green Horizontals - Buys
Dashed Verticals - Probable dates
Trendlines/horizontals intersections are buys and sells
Buy the bottom and sell the top, not the other way around like you usually do! Peace! :D ;)
Disclaimer: These are not trading signals. Trade at your own risk!
Comment:
Price just below the support turned resistance, agrees with the indicators showing red as opposed to this idea
Comment:
So how does one decide? We don't, we let the price show the way and simply wait for the trading exchanges to balance their ledgers.
Comment:
Current support trendline should cave in soon enough
Timestamp 22:15 2.3.2021
Timestamp 22:15 2.3.2021