The displayed text is what I would like to see if this market is shorting currently.
The indicator below shows price is below the average so I want to assume it's going to reach for the aqua line. In this case would be shoring - and the purple line on the indicator is resistance - which currently price is at a level of support/resistance and a trendline so to me that gives one confirmation.
The indicator below shows price is below the average so I want to assume it's going to reach for the aqua line. In this case would be shoring - and the purple line on the indicator is resistance - which currently price is at a level of support/resistance and a trendline so to me that gives one confirmation.
Comment:
Stop Loss was reached but if you're seeing price now it's attempting to make it bearish again:
Remember the Stop Loss is there as a visual - you are responsible for trades placed not me - I just give insight.
Remember the Stop Loss is there as a visual - you are responsible for trades placed not me - I just give insight.
Comment:
I don't know why it copied XRP but that is my markup haha - just a test one.
Here is the link (hopefully):
Here is the link (hopefully):
Comment:
I removed the short indicator and I will not post another trade indicator in the future due to psychology. I will just give my analysis in the chat. With that being said:
It seems to be at it's peak height - which for myself to consider a strong trend would be an engulfing candlestick - which we would need a bearish one.
If we don't see it here - then well - wrong trend .
It seems to be at it's peak height - which for myself to consider a strong trend would be an engulfing candlestick - which we would need a bearish one.
If we don't see it here - then well - wrong trend .
We are inside the rectangle - so there should be consolidation/resistance happening.
At any point in your trade, you enter profits, you may move your stop loss to breakeven or slightly in profits to reduce risk or just moving the stop loss to the previous high(s) - worse case.