Bitcoin / TetherUS
השכלה

DISOBEY THE LINE

119
This kind of scenario plays out a lot: A diagonal resistance is broken, but then the price continues it's path only using the diagonal resistance as support. This is by definition, an SR flip; but with it being on a diagonal SR line it can be a bit elusive.

The solution is to constantly draw diagonals, not dozens of them, but meaningful rational ones. From wick to wick or body to body, there's usually at least a couple useful areas of support/resistance that can be found with a simple process of elimination.

All in all, this is one of the most basic babypips tactics out there...but it just fuckin' works. Indicators are secondary to SR, they provide confluence for the simple techniques that anyone who ever even glanced at technical analysis is already familiar with.

כתב ויתור

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