For the N-th time, a big THANK YOU Dae for your commitment in helping the newbies like myself and for the continued contribution to the community!
Recap for 11/1/2022 – BWEN
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[3:16 PM]Dae: Indicators Dashed purple line = VWAP / Pink line = 8ema / White line = 12ema / Blue line = 26ema / Yellow line = 50ema / Teal line = 89ema / Orange line = 200ema / Volume Support and Resistance levels Horizontal solid purple lines are either daily or hourly levels Yellow horizontal lines are intraday levels, which i find using big stick 5min candles White horizontal lines are Pre-market high and Pre-market low (edited)
[3:21 PM]Dae: Entries – Hammer candles and Bullish Engulfing candles Support areas – Support levels at either Daily levels/Intraday levels/EMAs/VWAP Stop – Stop is always just below the current support level Profit targets – Big 5min candles/Daily levels/Intraday levels/VWAP2