Thanku...
travi ji
So....
when ,Buy setup is closed below,TDST support, if any nearby, and Sell setup is closed above TDST Resistance , if any nearby......we will get more probable CD completions...
travi ji
So....
when ,Buy setup is closed below,TDST support, if any nearby, and Sell setup is closed above TDST Resistance , if any nearby......we will get more probable CD completions...
.
On the contrary, when setup closes near it but not breaking the level, it is weak and there are examples of where mkt tends to reverse.
It is the same logic with normal support and resistance levels. So on closing basis if price goes through anyone of them, we say that level is broken.
Only thing to note that TDST sup/res levels are calculated dynamically by the H or L of setup bar 1( or PDC incase of gap ). The size of the setup is also used to compare other setups to identify which is active.
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