THIS IS MY VISION ON BTC/USD LONG TERM. IM CURRENTLY IN A SHORT POSITION, ONES PRICE REACHES .38 I WILL BE LOOKING FOR LONG OPPORTUNITIES. LET ME THINK WHAT YOU THINK.
"SPX500USD" Analysis:based on trading view script LongBuyLongSellIndicator (LBLS indicator in short). To understand completely about the LBLS indicator ,the script link is given below at the bottom.Simply click the LBLS image that will take you the latest revision. I was going through all the time frame chart of "SPX500USD" to identify the right...
premature Head & Shoulders formation..... Open Short position with no more than 10% of account size 25x levereage Price is currently $134.xx on bitMEX
After closing last week with a shooting star back below the resistance level of 1.8250, we completed a fibonacci retracement of 71.00 on the daily TF. Creating a H&S pattern on the hourly TF we broke, closed below and retested the trend line and resistance level again. Im looking for a potential short to the D extension at 1.7700, with support in between at 1.8000...
I compare the situation at 01/01/2019 with a few days previously (see video 4 min mark in screencast below). I've extracted value in this experience because this scenario and one similar in ETHUSD, leads me to a better confidence about spotting trend weaknesses and getting earlier on trend changes. I focus on curves in relation to trend-change indicators.
In this example I am showing how to spot a short setup and when to enter a position. As you can see BTC broke the lower trend line giving us something to keep an eye on. After the first initial candle broke the trend line you would have wanted to wait until either: 1. You had confirmation at that moment the trend was down before entering a position. Maybe some...