BCHUSD 15M WILLIAMS %R INDICATOR STRATEGY
My 15m scalping technique - 14 length
Our team at Trading Strategy Guides believes that a momentum indicator strategy can reduce risk and enhance your overall returns.
One of the core market principles is that momentum precedes price so in this sense a momentum indicator strategy is more like a trend following ...
D1 - Price is currently moving higher from the bottom of the channel.
H4 - Two false breaks, bullish divergence and higher highs.
We may now look for pullbacks to happen towards the critical zone.
Once the pullback completes itself, we may then start looking for buys with more bullish evidences.
Last chart we were looking to see which direction BTC broke either Sunday or Monday. The break came Sunday and bulls were able to get to a new high off their recent lows.
$3643 is now the resistance to watch and bulls have a higher low down at $3254 they now want to protect. Bulls were able to get above 12 and 26 EMA resistances on 4 hour chart with the move ...
Yesterdays post we had touched $4350 and I was personally looking for some consolidation as the 4 hour chart was over extended so I had scaled out of 80% of my position and potentially looking to reload on the consolidation. We reached $4365 and then consolidated back to $4078 (so about a 6.5% pullback). Perfectly healthy and expected and then BTC broke out over ...
Bitcoin update: The break out to 7K is now in progress. We issued a swing trade idea to go long which triggered around 75 points ago. Now it is a matter of waiting for our target (lower than 7K). As long as the newly established minor bullish trend line stays intact, it is within reason to see the low 7Ks relatively soon.
Compared to other "experts" who were more ...
Ok gang, jumping off last chart. I discussed the bulls re-entering the original zone of $6345-6493 we had traded within for 2 weeks but the bulls were struggling to maintain the lower portion of the zone. I was scaling into my positions at that time to watch for bulls to form another higher low compared to $6293 and then ideally give us a higher high which would ...
Jumping off yesterdays chart we saw the pattern the bulls needed!
Yesterday I posted: "They are currently back and battling the $6400 area. In order for the bulls to regain the upper hand, they need to form a lower high compared to $6655, a higher low compared to $6320 and then look for the higher high"
From there we saw the bulls travel to $6537 to give the ...
possible IHS target minimum to see 70 cents, higher with over-performance.
Do not expect this rally to exceed 88-92 cents.
All of this nonsense about SWELL - has nothing to do with this price rise.
the news is fake, and it will propagate many to FOMO into this coin. Truly a shit coin, advertised and shilled on the mainstream networks.
Stay away, or get ...
GBPJPY has been printing higher highs, and we are currently entering a pull back.
Based on the daily time frame, we are above the 50% retracement level, which could now act support.
We also have the 2hr support line, and we are trading above the cloud.
Next targets are at the fib retracement points.
Price has broken out of its bullish channel.
We are now seeing price consolidate around the 87 mark.
We have moved above the 50% retracement level from monthly highs of 91.58
Price also has a newly formed support line which has been respected by the bulls so far.
Bestimate projection for Dow going into August, tied with October for weakest month of the year.
Coming off a strong rally in July, odds favor more volatility.
Dow appears to be in a corrective, reactionary wave cycle: 'A' wave from first top 07/26 ran down to the flash crash Thursday 08/02 (Label 'W' of WXY reaction).
Notice labels for larger primary trend are ...
BTCUSD update: This market has retraced into an attractive support area. As price action stabilizes, it can be setting up for the next leg higher. This is the location where a breakout offers much more potential compared to a break of a high.
At S.C., we have been tracking this retrace carefully. We have also issued and adjusted swing trade orders in markets ...
BTCUSD update: Inside bar is established just after the 8500 peak. This points to the beginning of a retrace but how far? The most common mistake is to attempt to short this market because of the perceived bearish potential. It is a mistake because the momentum is clearly bullish. Probability favors shallow retraces and supportive levels. This is a time to be ...
BTCUSD update: Short squeeze straight to the 7381 resistance level. Impressive move and the kind that has not been seen in some time. The move serves as the confirmation that a broader recovery is in progress, but the high is no place to buy. The objective now is to identify where the next buying opportunity is likely to materialize.
As I wrote in my previous BTC ...