I知 new and trying to learn from all the seniors.
Could you please explain how you confirm a rejection? It would definitely help me strengthen my concepts and improve my logic.
Disliked{quote} Nobody owns the market and you cannot say for sure what is going to happen next as well. Remember price does not move in a straight line. {image}Ignored
DislikedSince it has swept the Asian low, it is highly likely that it will go to asian high and above, so if there will be sell opportunity, it is probably at asian high and above. It may not even give any sell signal again today since Asian low has already been sweptIgnored
Disliked{quote} What if it sells? What if today is the day it sweeps both high and low?Ignored
Disliked{quote} It won't sell, 0% chance of that happening now, I'm sorry to say but if you're not in buys you're destroying your own accountIgnored
Disliked{quote} I mentioned "rejection" because the price was unable to break through that area, followed by a sudden move down. I知 sure there are many solid ways to confirm a rejection, but I was simply responding to your analysis. I always follow your posts and those of other knowledgeable members here. I知 new and trying to learn from all the seniors. Could you please explain how you confirm a rejection? It would definitely help me strengthen my concepts and improve my logic.Ignored
Disliked{quote} I mentioned "rejection" because the price was unable to break through that area, followed by a sudden move down. I知 sure there are many solid ways to confirm a rejection, but I was simply responding to your analysis. I always follow your posts and those of other knowledgeable members here. I知 new and trying to learn from all the seniors. Could you please explain how you confirm a rejection? It would definitely help me strengthen my concepts and improve my logic.Ignored
Disliked{quote} Yeah. Thanks for your input, I was just asking if you have some idea to confirm rejections. Do you count the rejected candles, do you measure the size of the candle, do you measure the wicks, etc.?Ignored
Disliked{quote} i think you should study a bit about candle sticks, what you predict is just pure instinct i guess. resistance and support zone: there is both buy stop and sell limit. whoever is strong will move the price. candle stick movement gives some insight what can happen. there is otherway to predict but candle stick is the most commonly used i think.Ignored
DislikedLet's see how it will react to this zone. Breakthrough, rejection, or range? {image}Ignored