TRADERBUG_TECH

WAITING ON A FULL DOUBLE TOP TO TAKE SHORT

BYBIT:BTCUSD   None
Hey guys do u see the perfect double top set up forming on the (DAILY) time frame ? could not look any perfect going into major resistance bitcoins high and above that the (BTC) ATH all time high, we are getting in over bought aswell on the RSI with reading 60+ and watching for a doji or a (HL) higher low to tell us that the bears are losing steam, the bulls/bears elder-ray is above 0 line but in full red bearish histogram aswell as the MACD histogram is only just above 0 line in green (black) on my chart telling me the bulls have no momentum and also losing steam, the only thing that worries me about going bearish and taking a short position is the fact the (BB) is squeezed and (ATR) is way below its average and below bottom band telling us there is a huge move coming because low momentum and volatility usually means a huge move with high momentum and high volatility, im using a new strategy that consists of (4) ELDER indicators (INPULSE) ( ELDER-RAY) bulls and bears (FORCE) with (BB) boliingerbands & (SAFE) for great (SL) stop loss that will trail and keep you in trend longer and take more profits,
and (3) CHRIS MOODY indicators (TOPS/BOTTOMS) in which im waiting now for top signal, and (MACD) and (EMA TREND COLOR CANDLE) to know when my trigger (EMA-13) has been triggered to go with my ELDER/MOODY strategy i call ("THE ELDERLY DR. MOODY'S (BTC) TRADING REMEDY") its named for moody the script/indicator pro on (T-V) trading-view and dr. alexander ELDER one of the greatest indicator /script builders of all time,so i put both names in my strategy name as between them im using (7) indicators that are the bread and butter of my hybrid high accuracy win rate strategy that together are in tandum/insync and in synergy with one another giving me a complete conflunce strategy that is very easy to understand once you know what each indicator is used for and how it works, then a couple more mentions of indicators used and who are the script writers , so then a (MACD DIVERGENCE) indicator by (TORY) and then a (ATR) one of my fav indicators in measuring the volatility and to be able to see breakouts very early, followed by a (RSI) crossover just to confirm the trend with the macd and help with it the momentum and to also looks for overbought and oversold levels for reversals, then i use for price action (HH-LL-HL-LH) strategy with (S/R) support
and resistance trend lines some automated by (LONESOME THE BLUE) and most drawn by myself, last but not least a (CANDLE IDENTIFIER) by ( JUSTUNCLEL) , now u might think im using many indicators and could be confusing and noisy but on the contrary they all have a purpose and altogether work together as one like a winning and best football team ever (THE PATRIOTS) out of BOSTON , NEW ENGLAND, where im from and live today, it took me over 2 years to put together this complete strategy that really works and works well, and very high accuracy in winning trades,with the best technical analysis and price action with tools and indicators and scripts with a set of strict rules using risk management which is key but it hels me see the complete picture in the market that is more leading then lagging and helps me with seeing breakouts, exit,entry, stop loss, take profit triggers,momentum, volatility, convergence/divergence, relative strength, bulls/bears power ,volume,price action, tops/bottoms,moving averages, the true range of price in any giving time, anyway hope this helps the newbie trader and this gives you a great place to start looking for great indicators,scripts on trading-view and maybe help u put your own strategy together using some of my ideas , thanks,
#SHA256BITTRADER

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