Types Of Market
There are Different Types of Market We will cover all market types but for now let's discuss about Ranging Market
Ranging Market
When the market moves between 2 SNR it is known as the ranging market.
it is very important for us to know which type of market is currently working
as we are sureshot trader market type will help us to utilize all our knowledge to get profit
as we are sureshot trader market type will help us to utilize all our knowledge to get profit
- How You Will Identify Ranging Market
it will be difficult for you at first to observe ranging market but with practice, you will get it
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| Ranging Market |
I usually use these lines for buyer and seller green is for buyer and red is for seller
Now look how the market is moving Between 2 SNR which is basically support and resistance
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| Market Moving Between 2 SNR ( Ranging Market) |
How to draw SNR in Ranging Market
- Draw SNR line from where market is bouncing again and again
- always remember the ratio of fake breakout must be lower than the actual bounce
- draw snr line which cover more touches :)
