Higher Low - Weekly/Monthly --> Retest 10k, 14k, 20k?
Been learning a lot about trend since Q4 last year and I realize how much of a turd I was reading charts my first ... 1.5+ years.
Monthly trend has been down since 20k, lower high at 14k , with monthly lower highs provided plenty of trades for those who know how to trade a weekly timeframe .
Now we're looking at possible monthly trend change. LOOKING FOR HIGHER LOW on monthly/weekly for a good long.
Wrote this chart trying to explain to my friends who are learning to read charts about how price tests different ranges, conditional gaining/losing a level.
TLDR: There's a long somewhere in the 6's low 7's for a higher low on the monthly/weekly that's a good setup. Worst case this higher low fails making a lower high on the weekly/monthly and you get exit in profit.
Monthly trend has been down since 20k, lower high at 14k , with monthly lower highs provided plenty of trades for those who know how to trade a weekly timeframe .
Now we're looking at possible monthly trend change. LOOKING FOR HIGHER LOW on monthly/weekly for a good long.
Wrote this chart trying to explain to my friends who are learning to read charts about how price tests different ranges, conditional gaining/losing a level.
TLDR: There's a long somewhere in the 6's low 7's for a higher low on the monthly/weekly that's a good setup. Worst case this higher low fails making a lower high on the weekly/monthly and you get exit in profit.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.