#DEXE Have you learned the naked K support/resistance strategy?

Resistance level: around the neckline resistance at 50. Two breakout failures—if you can’t go up, the trend turns down; if the breakout holds, it keeps charging.
Support level: at the 30m Bollinger lower band. If it breaks, the trend reversal is likely; you can also short by breaking the line on the right side.
So naturally, three strategies form:
- Breakout long: if it holds above 50, consider lying in wait for long orders; stop loss if it breaks below 50
- Left-side triple-top short: short setups around 50; stop loss on a breakout
- Right-side line-break short: chase a short if it breaks below the 30m Bollinger lower band near 45