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RE: Crypto Academy - Season 3 - Week 3 - Homework Post for @cryptokraze | Break Retest Break (BRB) Strategy to Trade Continuation
Dear @hadassah26
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 6.5/10 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 | 2/2 |
Key Notes:
- In question no 01, Your marked support and resistance levels are not correct. These points are the previous market levels from where price has bounced (See my charts).
- In question no 02, you have not marked the resistance level. Your marked levels are swing points and not the levels asked.
- In question no 03, The trade criteria you marked are wrong for Buy trade due to wrong marking of resistance level. Trade criteria for sell position are correct because they are marked according to right support level.
- In the last question, I wanted to see if students picked this strategy. Both trades have a little problem because the price has not exactly respected the support level and it is very important on shorter time frame like 1M. Still I would mark them ok because the main concept is picked.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze