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Originally Posted by bubble
a gap is formed in a downtrend when the price fails to test resistance and turns down
If there are a lot of spikes around s/r you could put your lines at the highest ,lowest close.
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Thanks bubble for explaining this to us, if you can provide more examples of blow-off trend which has gap, may be we can learn better.
I understand about spike, if only one spike, it didn't count, only if there are two or more spikes, we need to draw line for them.
And about mini-size chart, do you enter on that chart, or you zoom in first to have a bigger-size chart ?
Anyway you propose different view in observing charts, thanks again.
PS. EURUSD H1 is in 2nd test, while H4 seems hanging around in resistance line, this method gives a relax time, knowing that big traders are taking a break too.