As you already noticed i've strated to use another set of indicators for my trades. Since i am new to this i am placing only small bets, that's why my postion-sizing is very careful.
* DON'T BE AN IDiOT AND THiNK FOR YOURSELF! * THiS iS NOT A FiNANCiAL ADVICE!
TRADE:: DOT_01_02052021 STATUS:: Opened
TYPE:: Short PATTERN:: N/A SIGNAL:: 3H Phoenix (Green crossed Red Rsi while it was going down) FILTER:: 90M cross
PROS:: 1. 3H Green is lower than the energy, lower high is very possible. 2. 12H energy went down below the 50
CONS:: 1. 90M green is higher than the energy
OVERALL:: * We need the green to fall below the energy on 90M * We stand a chance to go down at least to 6H yellow basis if we see the Green going to cross Red Rsi on this 6H timeframe * We need blue LSMA on 6H to fall down with the price to be more confident that price fill hit my targets * Always keep in my that the price should not change drammatically during period of upward or downward pressure