Looking at potential support-restistance levels, studying some double tops/bottoms, and a currently emerging possible double bottom which probably does not provide a good trade entry point unless the bottom sets in much lower than where it is on the chart at the time of study. Ideally would like to see it down closer to the level of support below for a good risk/reward ratio to enter a trade.
Kommentera:
This was done as an exercise in MarcPMarkets free Kindle eBook course, highly recommended. www.tradingview.com/u/MarcPMarkets/