Fence, at the crossroads of the sell)
What is an overhang? The previous high?
Draw up the volumes. In general, it looks like a sell.
What is the overhang?
Is that a five-digit number?
Yes
buy with a short tprofit and the same stop. a sell limit pending just above with a good tprofit and a short stop...
:)
what happened next on the right?
Buy with a short tprofit and the same stop. a sell limit pending just above with a good tprofit and a short stop...
:)
what happened next on the right?
I'll show you later. After I get more responses. I wonder how different traders think in these situations.
I want to ask traders how they would do in different price patterns and why. Here is the first example:
Removed information about the pair, the timeframe, and the price itself. So, what do we do here: sell, buy, or nothing? And why?
If indicator readings are needed, I will add them.
I wouldn't do anything... it's too late to sell short, and it's too early to sell long.
It's too early to buy on a bounce... Uncertainty, in short.
But the probability of it going down is higher, I think.
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I would like to ask traders what they would do in different price patterns and why. Here is the first example:
Removed information about the pair, the timeframe, and the price itself. So, what do we do here: sell, buy, or nothing? And why?
If indicator readings are needed, I will add them.