Post
Topic
Board Trading Discussion
Re: S/R trading
by
damberg
on 18/09/2018, 13:50:51 UTC
Can someone tell me what do you consider as untested level and what do you consider as tested level?

If so, can you provide examples?

Would tested be - when the wick or candle touches the S/R line?

I'm being confused with untested ones, don't seem to understand it quite well.

Volume could be your clue here. Tested levels usually attract lots of traders, lots of orders and they are full of volume. On the contrary, untested level seems to have similar volume to a regular trading, sometimes even smaller. Also, be prepared to understand S/R levels as rather dynamic areas than just e.g. an area from BTC0.0048727 to BTC0.0049133.