Bjorgum Key Levels |Point of Potential Reversal | Support and Resistance Levels |#shorts

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Bjorgum Key Levels
#shorts

https://www.tradingview.com/script/CapG3ivf-Bjorgum-Key-Levels/

Key Levels Aims to capture 3 of the most significant points in price action

Breakouts
False Breakouts (Traps)
Back Checks

These 3 points alone, if properly identified, can be some of the most significant points of movement in the price history of an asset and bring significant gains to traders, if capitalized on. Here are a few examples of these setups

Breakouts

Breakouts can bring significant rallies as the market swings one sided after key levels are breached. This entry type can bring large trending runs to follow. Momentum is on your side, but the trade-off is a higher entry.