phenodev

phenodev

Lets expect this week to fall down for a moment, how can we use it to our advantage? Here is a reason for you to look for a short position at the dailyLevel and a 618, it has a POC at that 30m,1H candle. Why this cant work? lower lows on big timefame is not in play. How to enter a position? check my trendrev technique it may not work perfectly but if it do,...

phenodev

these 2 levels looks promising, don't blindly enter as usual risk only the margin you are willing to loose. Maybe any divs at these levels can show promise for an upmove. I personally believe this is gambling as we dont see higher highs , so that can be a bummer for long entry possibilities.

phenodev

If these scenarios works out, we will need to put an end to downtrend which can possibly be the 618fib fan which also happens to have a lot of other confluences. When lambo? we have 60days for this to workout so chill. This is something that may or may not happen, if price reach the level mentioned for a long term investor this is where he sell his lambo...

phenodev Updated 

Most 786+ POC confluence gives out great possibilities for an entry, one such entry is around the corner. Why bear? we are forming lower high on high time frame, gives me a reason this will continue as we have lower levels to visit especially the 618 fib fan. Here we can see most of the fib fan working, even on the 2008 crash we found support at 618. This...

phenodev

Past few areas of interest for nifty was on the 786 and poc confluence. These examples will make you understand where it went wrong and where it worked perfectly. 1. 18th Jan on high timeframe 2. Apr 3. 14th Jul

phenodev Updated 

clearly im not making this up never thought nifty was technical almost all the time so next time maybe when the new variant of corona comes up you know what tool u need to use 😁.

phenodev Updated 

Movements based on fib IB and POC just like any other month. Bad risk management lead to a loss in my account. 8 or more possible trades came into play this month. Learn from this rather than citing this as waste of time. Past experience on real life chart paves the way to your success. 1. 2 may 2. 3 may 3. 4 may explained more in here see the way...

phenodev

We have no confirmation for a trend reversal in high timeframe! BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels...

phenodev

Another high lev possible entry at Npoc + 886 level.

phenodev Updated 

Today we rejected off from an 886 + dnpoc, what's sad is that i have been lazy and woke up late. But we have a possible support coming up also an 886 SL can be kept at .7% well enough to use high leverage. "he who loves to sleep, poverty will strike upon him like a thief in the night"

phenodev Updated 

Lazy than ever, personally I was holding a short and its now up 300%, the only issue was it was a low leverage trade because of which its been very lazy on my end to continue with the series. The first swing was analyzed with many other details after which I stopped with in depth analysis I will make next month more detailed and with better data. This month I have...

phenodev Updated 

maybe just maybe all OB are not 886, even though we have major levels on top btc decided to skip every one of those levels. check out my OB = 886 observation

phenodev

Any trend reversal might be useful for entry but we had divergence on 1min at the exact top of the move .. but how to actually enter is trial and error.

phenodev

Lets analyze how and why that imaginary, poor man,MMcrypto trend-line acted as such a good support and why should you not look for an entry just based on that line. Let me explain each one of these trend lines are actually a fib level that can be traded with higher precision. Learn more in depth about Elliot Waves and its theories to understand things...

phenodev

In hindsight everything is easy, but these clues pave way to be ahead of the market next time the same price action happens, keep this in mind before you read my analysis. 1. Trend Continuation There is no way we wouldn't have stopped out at that GP but clearly we had it coming 2. The Big Short Using both of these techniques we did see possible...

phenodev

,who don't go through the modules. I have seen market move for the last 2 years, never did i ever think one strategy rules them all, you see price moves due to many reasons these reasons are limited yet each one is specific and random, that makes it easy for us to see what others don't. You think lots of strategies makes one weak(Analysis paralysis), for me...

phenodev

harmonics.app www.investopedia.com Read and learn about these topics its very useful Check out the recent Gartley on BTC that played out perfectly. How is this supposed to move? when everyone is bullish on the trend line break im expecting a bad news to pop up and taking market all the way down 16% completing the gartley. Do not blindly take short at...

phenodev

Is 0.886 fib an OB level or are we just speculating? well in short idk😉 you find out on your own, i have been back testing this thing for the past few weeks and almost in all cases im seeing some correlation between the two, but why? well idk😂 its basic math at this point i mean order blocks are areas where price made some form of lows or highs, so at those areas...