added two more lines.. one acts as r and the other so far acts as s...so how are these not s/r? They are, so i have to plot them.
i guess i'll be waiting for price to come back to that s level that was just broke and watch for it for to prove that level as r, then i'll take a simulated short trade with a stop above the swing.
never retraced. Breaking below s level now. i want to see continuation of this breakout and then retracement that proves the s level as r for entry.
if someone is paying attention to this, will you outline where you see s/r on my last chart (#8)? I would like to see another's perspective. Thanks.
adjusted my s level, why? why not? traders do not always EXACTLY buy where they bought before i guess.
switched to 1 min charts. why not? price is price no matter how you look at it, right? never returned to that s level after the retracement from the breakout. now price is shooting upwards, i have no idea why nor did i see anything that even slightly hinted this was going to happen.