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Trades999
May 10, 2018 10:50 AM

Must read: Old resistances are turning in support levels Education

Description

Give this idea a thumb up, to see more of this. I'll post quick trading ideas and education only my Twitter account.

I was looking for some good trades today and I just found this obvious trade. During I was analysing this coin, I decided to post this in "education", because I spotted that this is a classical example of:

- How resistances can turn into support levels and vice versa
- To buy when it breaks out
- To sell when it finds resistance

My advice: if you are are a beginner trader, keep watching to this chart for +/- 20 minutes and try to explain every buy or sell moment to yourself.

If you fully understand this, you are able to relate every buy or sell moment to a moment in the past, which is in this chart

Don't hesistate to ask me questions, but it can take a while before I answer it.

Comments
Dogeball
I am a noob and I have been watching storm closely for a week now, and trust me I have learned alot of hard lessons the last 2 weeks
Trades999
@Dogeball, If these lessons teach you, you can no longer make these mistakes in the future. That's also a profit :)
Dogeball
@jelmerrr, yes exaclty :)
freddyfreunde
storm is will take all ur money guys.
dayknight
i guess the pattern is failed
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