noone22 wrote:MightyOne wrote:You went long at the rZL? How brave of you
What is rZL?
Even if it is resistance ZL, there were no rules for them,
could you give bit more details.
rZL = Resistance ZL
What is a ZL but S&R?
What is our definition for Resistance?
Resistance: A line that you believe price should cross and close below in the period in which it is found.
IF you believe that price should cross a line and close below then why would you go long at said line.