Our topic is Po3, so make it threesome and strong :)
The humor of course. They often say the power of 3 boxes. Anyway, I'll leave an image below. Let's go over it.
The blue box is also called “RANGE”.
The easiest thing for you would be to say "middle way". In other words, the price constantly oscillates between two points. It connects horizontally.
The red box is the deviation. The price now breaks the horizontal.
The green box is where you will take profit.
This image shows an example of the rising po3 trend. Of course, the opposite also happens.
So should we take action just by looking at this? If you buy, you will most likely lose the money :) Using a single indicator is like crossing the bridge of Sirat with your eyes closed.
You are not God's favorite servant :) So do not trade with a single indicator.
