RECOGNISING CHART FORMATION 🧠
Hello Traders!
In this post, I want to present how important is to recognize chart formation, set up correctly resistance levels, and find a good position to execute the trade.
For better practice, I will recommend analyzing the history of any chart and trying to search for resistance levels, order blocks, and breakout points, and anticipate a good position for trade execution.
This exercise will help us to have better visibility of the chart and will help us to anticipate future movements.
Keep in touch!
Follow me for more trade ideas and perspectives!
tradingview.com/u/GoodTradeST/
In this post, I want to present how important is to recognize chart formation, set up correctly resistance levels, and find a good position to execute the trade.
For better practice, I will recommend analyzing the history of any chart and trying to search for resistance levels, order blocks, and breakout points, and anticipate a good position for trade execution.
This exercise will help us to have better visibility of the chart and will help us to anticipate future movements.
Keep in touch!
Follow me for more trade ideas and perspectives!
tradingview.com/u/GoodTradeST/
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