Chris, hi.
Would you be so kind to answer some of my questions about chart below (as example)?
1. As the beginner, i have to wait when price come to one of these areas (A or B), and then see if it makes any action there, right?
2. If price will come to area A and will not make any interesting action (to direction to area B)... then where might be the next area - at 138-140?
3. If price will make something in the red box (but at the long direction) what would you do?
It all seems simple enough, but I just can't believe it IS so simple and all i have to do is wait for price action! I understand that, but i can't believe my mind... Well I hope that communication with you will go in my favor. Thanks for previous answer.
P.S. By the way... Are these A and B areas that called major and is line C that called minor? (oops, i didn't marked it... line C is between A and B)
Would you be so kind to answer some of my questions about chart below (as example)?
1. As the beginner, i have to wait when price come to one of these areas (A or B), and then see if it makes any action there, right?
2. If price will come to area A and will not make any interesting action (to direction to area B)... then where might be the next area - at 138-140?
3. If price will make something in the red box (but at the long direction) what would you do?
It all seems simple enough, but I just can't believe it IS so simple and all i have to do is wait for price action! I understand that, but i can't believe my mind... Well I hope that communication with you will go in my favor. Thanks for previous answer.
P.S. By the way... Are these A and B areas that called major and is line C that called minor? (oops, i didn't marked it... line C is between A and B)