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What is confirmation?
Look at this price story:
There is something on the left that hold price we call it number 1.
Traders quiz: why?
Why price stopped here?
We also have something that keep price down and we call it number2.
Again quiz: why?
This is a range area where supply and demand are equal .
Buyers or sellers?
Who may control the game?
Which one is winner of battle?
We also have a blue flash where buyers cleaned sell orders and engulf number2 area.
This is a confirmtion but keep in mind most of time after this scenario price retrace to load main orders from where there is a clear decision .
This is very simple and can help you understand how to play in market when there is a similar story.
Have a safe trading week.
Look at this price story:
There is something on the left that hold price we call it number 1.
Traders quiz: why?
Why price stopped here?
We also have something that keep price down and we call it number2.
Again quiz: why?
This is a range area where supply and demand are equal .
Buyers or sellers?
Who may control the game?
Which one is winner of battle?
We also have a blue flash where buyers cleaned sell orders and engulf number2 area.
This is a confirmtion but keep in mind most of time after this scenario price retrace to load main orders from where there is a clear decision .
This is very simple and can help you understand how to play in market when there is a similar story.
Have a safe trading week.
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.