~ Quick lesson on chart support ~
$THE The red arrows indicate that the chart is respecting that level, that is, there is considerable support there that is preventing the price from falling to lower levels... In this case, the ideal is to wait to touch this support region and wait for the reversal candles to open.
If this support is lost, then wait to touch the lowest level and only then make an entry.
The entry levels are marked with the green circle. If the chart touches the level of the green circle and reverses, then it is an opportunity to enter with the stop a little below this support.
$THE The red arrows indicate that the chart is respecting that level, that is, there is considerable support there that is preventing the price from falling to lower levels... In this case, the ideal is to wait to touch this support region and wait for the reversal candles to open.
If this support is lost, then wait to touch the lowest level and only then make an entry.
The entry levels are marked with the green circle. If the chart touches the level of the green circle and reverses, then it is an opportunity to enter with the stop a little below this support.
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