Bitcoin testing volatility weighed ma on 4 hr time frame after strong run up.
On smaller 1 min time frame buy signal from complete trend system. Let’s see if buyers can push price higher to test top bolinger on 4hr.
This is example how combination of available indicators provides good filtering of the bad setups and its easy to use even by beginners.
Different set ups and can be used on different time frames 5,10,15,30min or 1,4hr.
30min 1 min
1 hr-1min
15min-30sec
Go for 1:1 or use any other method to take profit.
Works on everything.
Rules simple:buy set up: when price testing volatility weighted ma - candle must be green and all indicators below must be green. If first condition prevents its self, then switch to small time frame and look for buy set upon smaller time frame and On the time of buy signal on smaller time frame the initial conditions on bigger timeframe still must be present.
Sell is opposite.
This example today is not 100% perfect as bottom indicator on 4hr is still grey not green.
Ask questions if something is not clear.
On 1min entry level stop and same distance to take. 1:1.
Thank you!
Black square on 4hr chart is another point were signal was produced to go short.
On smaller 1 min time frame buy signal from complete trend system. Let’s see if buyers can push price higher to test top bolinger on 4hr.
This is example how combination of available indicators provides good filtering of the bad setups and its easy to use even by beginners.
Different set ups and can be used on different time frames 5,10,15,30min or 1,4hr.
30min 1 min
1 hr-1min
15min-30sec
Go for 1:1 or use any other method to take profit.
Works on everything.
Rules simple:buy set up: when price testing volatility weighted ma - candle must be green and all indicators below must be green. If first condition prevents its self, then switch to small time frame and look for buy set upon smaller time frame and On the time of buy signal on smaller time frame the initial conditions on bigger timeframe still must be present.
Sell is opposite.
This example today is not 100% perfect as bottom indicator on 4hr is still grey not green.
Ask questions if something is not clear.
On 1min entry level stop and same distance to take. 1:1.
Thank you!
Black square on 4hr chart is another point were signal was produced to go short.
