Using the default Compare indicator, which defaults to APPL stock, we are able to find turning points on Bitcoin's price, not 100% accurate, but with definitely more than 70% accuracy, which I find interesting.
Don't listen to D4RK Energy or whatever that 'popular' user is saying. We are all here to do one thing and one thing only--Make money. So, in response to our shared goal, I'm sharing a point of view that illustrates a decent short position to be taken. Target price is at $7950 and stops placed at $8450. I would advise against taking leverage higher than...
Dear team! Another trick I'm sharing ... Renko charts. For those that don't know renko plots bars differently to candles. Each bar represents like a fixed price drop, say $100. If you drop by $400, then it plots 4 red bars (4 x $100), and if it increases by $500 it plots 5 green bars (5 x $100). This supposedly takes out all the noise in the system (or at least...
Hi Traders, This setup is about 100 pips away from current price, so be patient for the entry. Last week was a great week for pattern traders, especially that EURUSD D1 Bat , so let's hope we can continue the run. I have been taking my entire position at first target (38.2% CD retracement) on pattern setups, I find that makes it easier to manage the trade and to...