The good thing about 'key level trading' is its constant change from one level to another which confirms the price trend.
In my previous post, I mentioned that price is likely to go SHORT when price rejects the previous 50% level. Now that the price rejected that level, which is now the 70% level at 52100, expect more RED RAIN to come. I placed a SHORT order at this level and now enjoying and reaping profit from my SHORT order. I will close the order at 50800 (30%) level.
At the moment, I will implement a cost averaging technique by BUYING at the currrent lower 50% level at 51300. If price goes down further to the 30% level, I will make another BUY order again at 50800 level. Prive may need to form a divergence between the 30% and 15% level and once that happened, I will make my third BUY within the divergence zone.
/please DYOR/trade at your own risk
In my previous post, I mentioned that price is likely to go SHORT when price rejects the previous 50% level. Now that the price rejected that level, which is now the 70% level at 52100, expect more RED RAIN to come. I placed a SHORT order at this level and now enjoying and reaping profit from my SHORT order. I will close the order at 50800 (30%) level.
At the moment, I will implement a cost averaging technique by BUYING at the currrent lower 50% level at 51300. If price goes down further to the 30% level, I will make another BUY order again at 50800 level. Prive may need to form a divergence between the 30% and 15% level and once that happened, I will make my third BUY within the divergence zone.
/please DYOR/trade at your own risk
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。