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False Break of Support & Resistance


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False Break of Support & Resistance

  #41 (permalink)
ofatrader
Europe
 
Posts: 91 since Dec 2013
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Here you have something that you can look. Explain with one photo a mind process can be dificult, but this show you wich was the reaction at the first intent to break this low.

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Can you help answer these questions
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  #42 (permalink)
ofatrader
Europe
 
Posts: 91 since Dec 2013
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Next move in this action:

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  #43 (permalink)
ofatrader
Europe
 
Posts: 91 since Dec 2013
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Thanks Received: 154


Next step and few minuts later:

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  #44 (permalink)
ofatrader
Europe
 
Posts: 91 since Dec 2013
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Seems that we are starting to see interesting things:

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  #45 (permalink)
ofatrader
Europe
 
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The last move and the sell signal:

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  #46 (permalink)
 skann 
California
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Experience: Intermediate
Platform: NinjaTrader, TOS, Sierra
Trading: ES, SPY Options
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ofatrader View Post
Another example read it in contex, but that show you things that you can try to see for understand and think in reversal actions:



Try to spend time reading buy sell activity and you will see things clear at levels that can show you reversal actions

Can you please post the chaart template for this Footprint setup.

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Last Updated on August 1, 2014


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