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RE: Steemit Crypto Academy Season 03 - Week 02 | Market Structure Break (MSB) Strategy to Trade Reversals
Hey professor @cryptokraze, a nice and easy to understand lecture from you.
But I have a doubt about neckline.
How and where to set a neckline?
Please reply
Thank you.
It should be the level from where price bounced and then gave a lower high. There can be 1 to 3 points. These act as little support in case of sell entry and act as resistence in case of buy entry. That is why we need the break of this neckline to have the market structure broken.