Here you need not necessarily buy at BUY above value only. If the Market goes below SELL BELOW and slowly get stable above SELL Below it signifies SELL Below Resistance. We can buy even then with 1st SELL below Target as Stop loss. Just see these levels as ladders. OPEN price=SUPPORT is high tendency of UP and OPEN price =RESISTANCE is high tendency of DOWN
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.