Tech Primary Analysis
The indicator consists of four main parts, the main SR/Rejection the solid black line, the Second SR, Trend channels the dashed line , and Alerts.
The Main SR/ Rejection point is used to indicate a rejection of a candlestick .
This first type of rejection is identified by a default black line to represent a low zone in the market for that trade.
The Second SR shows a pivot point on the chart; it is presented as a dotted line often near the main SR/Rejection.
When a rejection and pivot point are near each other, it indicates a strong zone.
Trend channels are moving averages, they also have 2 standard deviations that instruct you on when it is best to buy into a trade and when it is best to sell and leave the trade.
You buy low and sell higher for the maximum profit. Lastly, there are alerts;
set an alert for the main rejection line when you want to follow the trend channel, or use it for the when the second resistance is broken, or when the support is broken.
Another important technique is knowing when to trade.
Trading is best in intervals of four hours. Trading at 9am, 1pm, 5pm, 9pm, and 1am will get you into the beginning of the trade to better watch the trend channels.
Another important factor to remember is setting the stop loss which should be a previous rejection
Works on all markets : Forex, Crypto, Options Stocks
Use the link below to obtain access to this indicator or PM us to obtain access
The Main SR/ Rejection point is used to indicate a rejection of a candlestick .
This first type of rejection is identified by a default black line to represent a low zone in the market for that trade.
The Second SR shows a pivot point on the chart; it is presented as a dotted line often near the main SR/Rejection.
When a rejection and pivot point are near each other, it indicates a strong zone.
Trend channels are moving averages, they also have 2 standard deviations that instruct you on when it is best to buy into a trade and when it is best to sell and leave the trade.
You buy low and sell higher for the maximum profit. Lastly, there are alerts;
set an alert for the main rejection line when you want to follow the trend channel, or use it for the when the second resistance is broken, or when the support is broken.
Another important technique is knowing when to trade.
Trading is best in intervals of four hours. Trading at 9am, 1pm, 5pm, 9pm, and 1am will get you into the beginning of the trade to better watch the trend channels.
Another important factor to remember is setting the stop loss which should be a previous rejection
Works on all markets : Forex, Crypto, Options Stocks
Use the link below to obtain access to this indicator or PM us to obtain access