Hello traders, today we will discuss how to Avoid Fails Breakouts and Fails Breakdowns.
Have you ever witnessed a significant resistance level being broken and opened a long trade just before the market made a sharp move to the downside?
Have you ever entered a short position after seeing the price break-through support only to watch the market rebound?
You are...
this learning with BTCUSD htf 1D
so, basically, this is the action of buyers and sellers
Formula : X + Y = 0 with HLC (high low close)
1D : close candle
X : (-) minus
Y : (+) plus
Body : candle mother
Wick : line high or low
Next support BTCUSD on 30500 if crash we see 29k 28k stop on 26700.