XVS has started a strong movement from the bottom where I entered START. We have had bullish CH and BOS on the chart.
A 3D movement can be specified on the chart. There is a high probability that the price will reach the red box and hit the yellow line
I specified the Rebuy Zone, only when you reach this area, you can look for buy/long positions.
The closing of 1 daily candle below the Rebuy Zone is the stop of this rebuy.
If the price does not reach the RebuZone, we should look for sell/short positions in the red range after getting confirmation.
Closing 1 daily candle above the red range is the sell/short stop position.
A 3D movement can be specified on the chart. There is a high probability that the price will reach the red box and hit the yellow line
I specified the Rebuy Zone, only when you reach this area, you can look for buy/long positions.
The closing of 1 daily candle below the Rebuy Zone is the stop of this rebuy.
If the price does not reach the RebuZone, we should look for sell/short positions in the red range after getting confirmation.
Closing 1 daily candle above the red range is the sell/short stop position.
Comment:
It was pumped to the red range and reached. If I don't see a confirmation and a trigger in the daily time, I won't short, because the red area may even break out.
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