gamemaster85

gamemaster85

The chart is on a direct channel If the price reaches point a we have to sell But if it reaches point b, we have to buy But as you can see, the CCI indicator and the RSI indicator are rising. Even if the price breaks the B point, it is most likely a false rise. From what I see, the price will probably go down But whenever the price breaks any point, it is better...

gamemaster85

As you can see, at point a the uptrend is broken and changed to a downtrend And at point b, the downtrend is broken and changed to the uptrend If the resistance line c is broken, we will see a very strong uptrend, but now the chart is in the uptrend channel. now the trading Strategy is Buy on the channel floor and sell on the channel roof

gamemaster85

In this chart, in the daily time frame, we see a hanging man pattern that has broken the channel. We will see a downtrend for a short time The cci indicator has given us a buy signal and the rsi is falling So this is a downtrend for a short time and after that we can see a rise with moderate strength

gamemaster85

as you can see chart is in a channel so any side that the resistance or support line chart breaks, we can expect a strong rise or fall from the other side.