Read a chart reads the levels off a screenshot of your platform. A read can misjudge a number, especially on a busy price axis, so the app checks the levels against each other before it shows them to you, and tells you when it changed or doubts one.
What was wrong before
On a TradingView chart with a Long or Short Position tool, the entry is a plain white tag on the price axis with no label. A read could pick a different tag nearby (a moving average or the last price) and still mark it read clearly. The stop and target were right, but the entry, and so the risk, was not. If you opened a ticket from Read a chart before this fix, check its entry against your chart.
How the levels are checked now
- The entry is worked out from the position tool. The tool prints the distance to the entry inside its target box and its stop box. Target minus that distance and stop plus it (the other way round for a short) must give the same price. When they agree, that price is the entry and it carries the equals mark, worked out.
- A disagreement is said out loud. If the entry the chart was read as differs from the worked-out one, a note under the rows says which numbers disagreed and which one the ticket uses.
- An entry nothing confirms is never ticked. Without the tool's distances or a label naming the entry, the entry is marked check this.
- The side follows the levels. A target above the stop is a long, below it a short.
- Levels out of order lose their ticks. On a long the stop must sit below the entry and the target above it. If they don't, all three are marked unsure.
- Size is read from the tool's quantity when it is printed, and is always marked check this: the tool sizes for its own risk setting, not necessarily yours.
Getting the best read on TradingView
Keep the position tool's labels visible (target box, stop box and the middle label). The entry tag is white, the target tag matches the green zone and the stop tag matches the red zone; the other coloured tags on the axis are indicators and are ignored.