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RE: Crypto Academy Season 3 Week 3 Homework Post for (@cryptokraze) Break Retest Break (BRB) Strategy to Trade Continuation
Dear @noraiz
Thank you for participating in Steemit Crypto Academy Season 03 and making efforts to complete the homework task. You got 2.5/10 Grade Points according to the following Scale;
| Criteria | Grade Points |
|---|---|
| Presentation Style | 1.5/2 |
| Content Quality | 0.5/2 |
| Originality | 0.5/2 |
| Relevance with Topic | 0/2 |
| Practical Approach | 0/2 |
Key Notes:
- In question no 01, Your chart marking is wrong for both BRB setup for Sell position because there is no significant support level on the charts that your are marking as support that is being broken and giving BRB setup. Same is the case with resistance level.
- In question no 02, you have not marked the proper support and resistance levels. Your marked levels are swing points and not the levels asked.
- In question no 03, The trade criteria you marked are wrong for both Buy and Sell setups. The level your marked as resistance or support break is not correct because they are just swing points. Support and Resistance levels have to be on left side of the chart and break of these points give BRB setup.
- In the last question, I wanted to see if students picked this strategy. Both trades are wrong because they are not at the support or resistance level.
We appreciate your efforts in Crypto academy and look forward for your next homework tasks.
Regards
@cryptokraze