The third “stream” of incoming real data, which simply cannot be ignored when analyzing a chart, is volumes. I’ll try to explain why the third stream, what are the first two.
On any chart of a trading instrument there are two scales, price and time. These are two real and independent incoming data streams.
All Technical Analysis studies them inside and...
HI Guys, I will bring here an example of operation, follow the thread
On that day, I observed prices trading in a strong resistance zone and close to the 200 descending EMA, so I looked for sales with targets in the support zones.
I ended up taking my first take at $1.85 and I went with the targets plotted on the screen as an objective.
Yesterday the price...