How to use horizontal lines

Updated
Potential support/resistance zones

  • Green line cluster could be used to place stops if you are already in long position
  • Closest red lines could be either take profit or trailing stop if/when breached
  • Next far red line could be next target


Historical example:
Dynamic support / resistance for choppy market - Hophop
Note
Potansiyel destek direnc cizgileri

Kabaca:
Long pozisyondaysaniz yesil cizgilerin alti stop seviyesi olarak degerlendirilebilir

Yakin olan yesil cizgiler ise kar alma veya yesile donustugu zaman trailing stop olarak kullanilabilir

Bir sonraki uzak kirmizi cizgiler potansiyel hedef olarak dusunulebilir

Daha once nasil calistigini
Dynamic support / resistance for choppy market - Hophop
uzerinden gorebilirsiniz
Trade closed: target reached
Target Reached

Hedefe ulasti
Pivot PointsSupply and DemandSupport and Resistance

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