Is been some time since I last posted here, sorry for that! I was having some technical issues but now I'm up and running again.
And coming back, I'd like to present you the 4H BTC graph that shows a long term symmetrical triangle and a short term within the triangle. Both have an upside implication, but we will figure out soon if the will take the upside direction once it has a very few room to develop down-sided movement. In case it has a upper breakout we could see the price go up to 10800, a 6%+ gain which will coincide with a resistence zone at this same level, but which is still about 2% under the downtrend line of the mentioned triangle.
If you take a look at the MACDH, you will notice a uptrend line under the histogram and in contrast you'll see a downtrend line under the prices, which means a positive divergence that reinforces the upper breakout once the MACDH lows are relatively deep.
And in order to monitor this potential upper breakout, keep your eyes on the stocastic downtrend line breakout as well, once this indicator will give you some strong hint about the price next movement.
If this review was helpful to you, how about giving me a LIKE for this review and also following my profile? If you want to receive firsthand analysis, just following me?
www. MoneyWise. com. br
If you are interested in purchasing one of my indicators, I offer the LEASING model, which is the indicator rent for 6 and 12 months, the more indicators you rent, the lower the unit prices. For more information email me at: contact @ moneywise. com. br
ADVANTAGES: Not all line oscillating indicators have a histogram that allows you to easily and smoothly interpret the behavior of a currency's forces. Analyzing these forces allows you to see which way the market is sloping and then allows you to take a more appropriate approach when entering and / or leaving. These indicators have been tested and validated by a professional team of traders.
UNDERSTANDING: The left side of my Trading System is where you make the decision, part for the action, and realize which side of the market the currency is hanging on. The right side is where you look at the forces of buyer or seller pressure, the strength of the buyer or seller spread, the pressure on buyer or seller , and short- and long-term trends that identify the possible moments of trend turns. Many may say that it is very predictive for decision making, but those who speak it prove that they do not understand , as there are two decision moments: (1) to know when to move (right side), and (2 ) to learn how to move (left side).
PLEASE (can someone teach me how to add an image in my comments, it would be way nicer if I could share with you an updated graph of what I see without having to create a new post. Thanks!)