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Dear traders, nice to meet you.
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Breaking above the 8.877 point, it is updating New High, exceeding all the measurable periods on this chart.
You should watch for any movement that deviates from 8.877-10.206.
If it falls at 8.535, it is a short-term stop loss.
It remains to be seen if it can rise above the new price point of 10.0 points.
We do not recommend new investments as it is located at a price that is too high.
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All transactions are done in installments.
Accordingly, it is recommended to set the entry point, the target point, and the stop loss point as a division.
1. Entry section: within the box section indicated on the chart
2. Target point: Fibonacci retracement point
3. Stop Loss: Determined according to the situation (when sudden movement is expected or comes out)
It uses a method to meet the rating by entering into divisions rather than Stop Loss.
Accordingly, it is recommended to use a low leverage ratio or enter only 50% of the total investment.
The transaction is also conducted using the horizontal point indicated by the indicator set in the chart.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
Breaking above the 8.877 point, it is updating New High, exceeding all the measurable periods on this chart.
You should watch for any movement that deviates from 8.877-10.206.
If it falls at 8.535, it is a short-term stop loss.
It remains to be seen if it can rise above the new price point of 10.0 points.
We do not recommend new investments as it is located at a price that is too high.
-----------------------------------
All transactions are done in installments.
Accordingly, it is recommended to set the entry point, the target point, and the stop loss point as a division.
1. Entry section: within the box section indicated on the chart
2. Target point: Fibonacci retracement point
3. Stop Loss: Determined according to the situation (when sudden movement is expected or comes out)
It uses a method to meet the rating by entering into divisions rather than Stop Loss.
Accordingly, it is recommended to use a low leverage ratio or enter only 50% of the total investment.
The transaction is also conducted using the horizontal point indicated by the indicator set in the chart.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
