Price at 100 sma so it can bounce bullish or breakout bearish
Price has failed twice to hold above 100 sma - Bearish Bias
Bearish Bias: Macd Over-bought, Macd below Red signal line
1st Short position - Price closes on 30m candle below 100 sma
Price can fall to 50 sma for 1st Short TP - take 1/2 off position and let rest run
At 50 sma price can bounce bullish...
Even though I dislike taking risks in trading currencies that are in economical war, but I noticed a pattern. I see that the pound has completed the head and shoulder pattern that was formed between Feb and May 2019, plus a reversal bar on the daily close, has given me the courage to take a long positions @...
Step 1 Add RSI to chart
Change RSI period setting to 2
Change RSI levels to 5 & 95
Step 2 Sell when the 2-period RSI indicator crosses above the overbought 95 level or
Buy when the 2-period RSI indicator crosses below the oversold 5 level.
Step 3 Find appropriate SL
Step 4 Take Profit when the 2-period RSI indicator crosses
5 Candle Indicator will paint a green column t indicate a long trade is being setup
5 Candle Indicator will show Buy Entry Signal
Red line below price is an adjusting SL
5 Candle Indicator will show an Exit Signal
Or Exit when green line falls below red line
BTCUSD 1D shows possible Head and Shoulders developing
BTCUSD 4H could possibly show 2nd shoulder developing with long bullish move
Bitcoin Signal Indicator shows on 4H a long entry signal
Bitcoin has a Trailing SL
Exit strategy will be a 1 to 2/3 risk reward ratio
Need some snack food stocks. 5G chip manuf. QCOM at full retrace from recent rise. Buying some and setting 20% lower standing offer good til May.
Make you own decisions. Robotics, AI and other uses. Awaiting CCI pushing over 0 on weekly chart for strong wave up.
as you know we have talked before about USDCAD for a delay chart it is for bullish.
And there is many of you don't have time to wait for a delay.
So, we see there is a chance for entry day (during a day). as 15 - 25 points.
the Target on the chart.
CVSI CBDS GWPH
CVSI is going to pay spades as some point and today it's just a day trade.
Fib retracement overlaps as 4.13 and now at 4.18 and going up on 5/30/1h
Pain therapy stock in CBD Oil, watch earnings.
Bitcoin Signal Indicator works on all markets and time frames
Bitcoin Signal Strategy Indicator shows entry and exit/take profit signals
Bitcoin Signal Strategy Indicator has an adjusted trailing stop
TP is adjustable. This pair was a 2 to 1 reward risk ratio
1st trade exited with price hitting the trailing stop
2nd trade is still active rising to take profit...