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RE: Crypto Academy Season 03 - Week 03 | Advanced Course , homework task for [@cryptokraze]- Break Retest Break (BRB) Strategy to Trade Continuation
Dear @drqamu
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 5/10 Grade Points according to the following Scale;
| Criteria | Grade Points |
|---|---|
| Presentation Style | 1.5/2 |
| Content Quality | 1/2 |
| Originality | 1/2 |
| Relevance with Topic | 1/2 |
| Practical Approach | 0.5/2 |
Key Notes:
- In question no 01, the marking of BRB on buy position is ok but the markings for Sell postion is not correct because the 1st support level is not clear.
- In question no 02, same thing because that support level is not clear and you can see this by comparing it to your chart for buy setup where a clear resistance level is present.
- In question no 03, Your Buy trade criteria is correct while there is problem with the sell trade criteria. The S2 level you marked is actually the S1 level and you should have marked the BRB setup of that level which would have made it a perfect setup.
- In the last question, I wanted to see if students picked this strategy. You 1st trade trade is not correct because the support level you have not traded the break of any support and just placed a sell in middle. Same is the case with 2nd trade where you again just placed sell without any support level break and formation of BRB setup. I cannot see any markup to justify your trade entries.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze