Houston on Nostr: That's right. The lower low often is the better entry for several reasons: - stops ...
That's right. The lower low often is the better entry for several reasons:
- stops out early bottom pickers
- completes the A-B-C extension
- sets up for the potential double bottom
- sets up for a potential bullish divergence on various indicators.
Note the 2D-RDR-L that formed at the bottom and the recent 2D-RDR-S at the top of the range.
Published at
2023-04-05 01:21:25Event JSON
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"content": "That's right. The lower low often is the better entry for several reasons:\n\n- stops out early bottom pickers\n- completes the A-B-C extension\n- sets up for the potential double bottom\n- sets up for a potential bullish divergence on various indicators.\n\nNote the 2D-RDR-L that formed at the bottom and the recent 2D-RDR-S at the top of the range.\n\nhttps://s3.tradingview.com/snapshots/x/x5qnQF2i.png\n",
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