ATAS - Platform for Analyzing Exchange Volumes
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​​A simple way to identify the LEVEL BREAKOUT of the Maximum Levels indicator

Two candles are sufficient for identifying a volume level breakout:

The hourly time-frame is selected in the chart:
βœ”οΈ The first candle should close after the level.
βœ”οΈ The second candle should confirm that there was a breakout.
βœ”οΈ The price should move in the breakout direction.
βœ”οΈ A candle should also close below the volume level in down movement.
βœ”οΈ The form of the breaking and confirming candles should be a trend one in the breakout direction. In other words, candlestick bodies should be bigger than candlestick shadows.

If you see all these signs, remember that the probability of movement in the breakout direction in the nearest future is very high.

#MaximumLevels #Indicator #Levelbreakout