I teach you easily with a graph , the only thing you have to memorize are the 4 areas drawn with 🟢Green / 🟡Yellow / 🔴Red /⚫Black.
🟩Best entry : 21.50 USD
🟨A good entry : 36.50 USD
🟥Risky entry : 50.75 USD
⬛Danger zone : 12 USD
[ Depending on the risk you want to take, you enter the desired level ]
PD : Black zone is dangerous if the price crossdown this level, it could go down much more. If the price stops on the black line, it is the best possible entry.
PD2 : "Risky Entry" means that it is a more dangerous entry compared to the other 3 colors. But it is a valid entry anyway.
PD3 : Leave me in the comments, what do you want to analyze next. (any crypto/stock/indices )
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.