Hi traders,
The yellow areas are the areas where there are high demand to buy or sell. You can short or long depending on the position of price regarding those areas.
Also If there is likely a breakout, The volume generally shows us if it is fake or not. So,
1- Positions are indicated. Do not set high leverage in these volatile days
2- While you are taking short or long positions, must look at the volume. If the volume is decreasing toward the demand area or trend lines, then it is likely to bounce from there.
Note: Do not forget to decrease your cost by taking profit at proper levels. I won't share any of these levels because it depends on your wallet and your own risk.
Stay safe ^^.
The yellow areas are the areas where there are high demand to buy or sell. You can short or long depending on the position of price regarding those areas.
Also If there is likely a breakout, The volume generally shows us if it is fake or not. So,
1- Positions are indicated. Do not set high leverage in these volatile days
2- While you are taking short or long positions, must look at the volume. If the volume is decreasing toward the demand area or trend lines, then it is likely to bounce from there.
Note: Do not forget to decrease your cost by taking profit at proper levels. I won't share any of these levels because it depends on your wallet and your own risk.
Stay safe ^^.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.