It seems great trading opportunity with the very traditional analysis. The dynamic Pivots line (EMA of Pivots) seems very good act as the dynamic resistance and support level, that creates a lot of very strong entry signals for the pullback, breakout, or swing trading.
Setup
Setup
- 1H ETH-USDT chart
- Daily Pivots with DeMark formula
- 5 days extension (i.e. using the recent daily Pivots for 5 days in the future)
- EMA to calculate the dynamic support and resistance levels
- Long entry when EMA(close) crosses over the dynamic resistance and support line
- Short entry when EMA(close) crosses under the dynamic resistance and support line
- Exit by static resistance and support levels with expected take profit.
- Getting started: https://drive.google.com/open?id=1oMpZi9hzPtGnyegr2fuwGxScdARthCqI
- P D T S Indicator Subscription Plan: https://drive.google.com/open?id=1ihBMN2bf41baNIu7h1zElx92XRjkLeWx
- Automation services: https://drive.google.com/open?id=1OOTfqvU9f_QMCJfOcMoOpQIkMHOrB8Ty