Here is an example of a balanced price range (BPR)
As the 2 price legs balance each other, price has no reason to revisit and trade back up into that vicinity.
As demonstrated attached.
As the 2 price legs balance each other, price has no reason to revisit and trade back up into that vicinity.
As demonstrated attached.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.