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How to confirm a reversal point between two price levels?
Mar 17, 2024 at 17:09
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Mar 17, 2024 at 17:09
With the help of behavioral economics, I am able to calculate reversal points. At least in some cases. Of course, it's not 100% accurate.
But I am an analyst, not a experienced trader. Could you please advise me on which indicator or method to use if I want to confirm a trend or predict a reversal between two price levels?
Check the attachment please.
I have tested these calculations on about 1000 charts. The lines react perfectly, but for now, I am unable to accurately calculate exact reversal point touches on every chart. That's why I need something to confirm enter between the lines.
But I am an analyst, not a experienced trader. Could you please advise me on which indicator or method to use if I want to confirm a trend or predict a reversal between two price levels?
Check the attachment please.
I have tested these calculations on about 1000 charts. The lines react perfectly, but for now, I am unable to accurately calculate exact reversal point touches on every chart. That's why I need something to confirm enter between the lines.
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