The best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one.
Time Frame
In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.
Strategy
For this trade set-up, we are simply going to look at recovery zones and key levels to determine what we think the price is going to do over the next few hours. We are using PVSRA candles which will be colored differently based on increased volume over the running average. The recovery zones are shaded to the right and are dynamically adjusted to show which portion of the High Volume candles have not yet been recovered, or where the price has not yet been retraced to.
Trade Idea
Starting with the Daily chart we can see that the trend is down and there are no recovery zones. The 4-hour chart has a high recovery point of $15.79, the 1-hour is $17.44 and the 15min is $15.99. Price is currently at the daily and weekly low with the average daily range low very close.
Indicators Used:
DisDev - Level by Level
DisDev - Market Maker - High Volume Recovery
Time Frame
In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.
Strategy
For this trade set-up, we are simply going to look at recovery zones and key levels to determine what we think the price is going to do over the next few hours. We are using PVSRA candles which will be colored differently based on increased volume over the running average. The recovery zones are shaded to the right and are dynamically adjusted to show which portion of the High Volume candles have not yet been recovered, or where the price has not yet been retraced to.
Trade Idea
Starting with the Daily chart we can see that the trend is down and there are no recovery zones. The 4-hour chart has a high recovery point of $15.79, the 1-hour is $17.44 and the 15min is $15.99. Price is currently at the daily and weekly low with the average daily range low very close.
Indicators Used:
DisDev - Level by Level
DisDev - Market Maker - High Volume Recovery