normannasty wrote: Mon May 02, 2022 4:58 pm
Guys,
In this situation are you waiting for a green dot because of the rectangle or are you waiting for a red dot because of the red circle with arrow?
normannasty wrote: Mon May 02, 2022 4:58 pm
Guys,
In this situation are you waiting for a green dot because of the rectangle or are you waiting for a red dot because of the red circle with arrow?
With the large Red Dot with the Arrowhead inside you are waiting for sell trades. You already have 2 second dots (only 1 is required) since the arrow dot, when the candles turn pink it is time to sell. If price retraces back into the ribbon while it is pink and forms a red dot then crosses down out of the pink ribbon that is another opportunity to sell.
A second dot is counting from the Large red dot you have a small green dot below it, that is dot 1, then a small red dot that is lower than the big red dot, that is dot 2. Flip it the other way for a large green dot.