Serious problem, i can see resistances and support levels, but
price goes up, hits the resistance, bounces APPARENTLY, then goes up again, sometimes keeps doing this autistic shit for days, you can't really tell if it will break or fall at a certain point
>price goes up, hits the resistance, breaks it, goes up for just a while, but bounces back (fake resistance break)
>price goes up, hits the resistance, seems to be in a fake resistance break, but actually keeps going up (it breaked for real)
This shit happens for supports too, is there any strenght indicator to use, and have a clearer view of what happens? I don't even open trades on S/R, but seriously can't get a clue of how to manage this shit
I have tought to use volume profile
can I have an advantage using that? I mean.. the moment everyone see the volume is high at X resistance level, you already get a shit price... so what to do?
A limit order?
price goes up, hits the resistance, bounces APPARENTLY, then goes up again, sometimes keeps doing this autistic shit for days, you can't really tell if it will break or fall at a certain point
>price goes up, hits the resistance, breaks it, goes up for just a while, but bounces back (fake resistance break)
>price goes up, hits the resistance, seems to be in a fake resistance break, but actually keeps going up (it breaked for real)
This shit happens for supports too, is there any strenght indicator to use, and have a clearer view of what happens? I don't even open trades on S/R, but seriously can't get a clue of how to manage this shit
I have tought to use volume profile
can I have an advantage using that? I mean.. the moment everyone see the volume is high at X resistance level, you already get a shit price... so what to do?
A limit order?