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RE: Crypto Academy Season 03 - Week 03 | Advanced Course - Break Retest Break (BRB) Strategy to Trade Continuation

in SteemitCryptoAcademy3 years ago (edited)

Prof @cryptokraze thanks for this beautiful lectures. But am a bit confused in-between at the BRB for Resistance level and BRB for support level..

Does the trend have anything to do with this two levels. Because I was thinking the BRB at Resistance level should be what should be happening at the BRB at the support level and vis-ver-versa.

This also affects my understanding of the critiria for the buy and sell entries, especially the very first criteria for the both entries.

I hope you understand what I mean Prof 🙏
Plz help me clear the air

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There are support and resistance levels on any chart.

This break and retest happens on these levels.

If BRB happens on resistance level, we will take buy positions.

If BRB happens on support level, we will take sell positions.

When in uptrend you will see setups on resistance levels. While during downtrend you will see setups on support levels.

 3 years ago 

Beautiful one Prof. your last paragraph just cleared the air for me Prof @cryptokraze thank you very much..