In trading, the term "breakout" refers to a price movement that "breaks" past a certain level or range. It's important to note that breakouts can be false, meaning the price could reverse its movement after the breakout. Hence, traders often use confirmation techniques to confirm the validity of a breakout.
A breakout is a potential trading opportunity that occurs...
This is an education based on the LTCUSD chart that I posted today.
I have also linked my previous education idea down below where I want to drill down one key fundamental: Participation matters, price DOES NOT. DO NOT get emotional seeing price (low or high), look at the participants to see how many people are buying/selling at these levels. Price DOES NOT...
ONLY FOR EDUCATIONAL PURPOSE
NIFTY FIFTY HAVE SHOWN TWO NEGATIVE CANDLE IN PREVIOUS DAYS WHICH SHOWS WEAKNESS IN TREND SO IT CAN LEAD TO FURTHER WEAKNESS.
We here learn to observe the higher time frame 360, and analyse 1D that RSIPL are crossed down parallel. So lower than daily time frame= 540, 360 allows for trend entry at a 360 RSIPL and 'TSL initial cross down for max profit.
On 180 as on 360 allowed for entry using the RSIPL/TSL crosses down. Also observing Phaser very near price as it 'pushed' priced down...
![EURUSD: 2] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/y/ykU4dGEM_mid.png "2] How to use Traders Dynamic Index and Complementary Overlay")
