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Price moving in smaller range this week with production and export data mixing.
Near term bullish momentum visible in the daily Chart.
Price may move further up to the top of the channel before reversing back into the range again.
Showing the new neutral trading range. Also shown is green dotted up trend and red dashed down trend channels. Extra Fib lines shown in yellow solid.
Here we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the ...
Bitcoin staying in his eternal range, is now in a smaller one, short/long zones are here to give an idea, not actual positions but that's what I'm looking at.
What are your thoughts ?
REMINDER : this is a range trade, must therefore be low leveraged and with a clean stoploss. If the market validates the breakout pattern then we're no longer in a range and a stop will have to be triggered. I'll secure 50% of that trade on TP1 to pay for my stoploss and keep the rest for a possible trend trade to the bear side.
Hope this idea will inspire some ...
LTC seems to be trading channel range. I see a nice little short set up at these levels, lower highs, lower lows breakout upside and trade is void, mind ma dick!