Summary
In this video, the speaker introduces viewers to the five types of SNR and emphasizes the significance of recognizing and understanding these levels. Classic SNR is explained with illustrations of red and blue candle formations, backtesting levels, and market reactions. Breakout SNR is discussed using examples of fresh levels, breakouts, and retests. Additionally, the head and shoulders pattern is detailed with demonstrations of left shoulder, head, right shoulder, and breakout scenarios. This video provides valuable insights for traders looking to enhance their understanding of different SNR levels and patterns in trading.
Types of SNR
Introduction to the five types of SNR and the importance of understanding and identifying these levels.
Classic SNR
Explanation of classic SNR with examples of red and blue candle creation, backtesting levels, and reactions.
Breakout SNR
Description of breakout SNR with examples of fresh levels, breakouts, and retests.
Head and Shoulders Pattern
Explanation of the head and shoulders pattern with examples of left shoulder, head, right shoulder, and breakouts.
Get your own AI Agent Today
Thousands of businesses worldwide are using Chaindesk Generative
AI platform.
Don't get left behind - start building your
own custom AI chatbot now!