My buying scenario involves breaking below the support area and then bouncing back up. The MasterCycle indicator signals a downward trend as long as it's under its cloud. However, when candle movements are in areas below 25, the MasterCycle indicator indicates the best entry point with optimal risk-to-reward ratio.
To confirm entry into the short position, we gotta wait for the Hero indicator to throw us a signal. And if this price move is just a simple correction, we can jump into a long position when the marketWave line turns green.
The ultraTrend indicator has consistently identified a strong support zone in the past, and I'm inclined to trust it once again this time. It's proven reliability makes it a reliable tool for decision-making in the market.
Consider entering a long-term position as the current chart indicates a favorable buying zone. This area aligns with three key indicators - the volume profile's control point, the intersection of the TrendShift indicator's middle line with price, and the Mastercycle indicator engaging with the strong support at the 0 line. This convergence suggests a promising...
When the price reacts well in the support zone and the Mastercycle indicator displays a green dot, you've got solid confirmation for a long trade entry.
Last time, the price responded well to the TrendShift Indicator midline, and the 0 line in the MasterCycle Oscillator acted like solid support. I'm patiently waiting for the price to retrace. History speaks.
"The best entry point for the next purchase could be after breaking the resistance and the price bouncing back to it. If there is also a convergence of new clouds and supports, we have more confirmation for entering the trade."
Missed the trend? Wait for price to come back to the ultratrend cloud. --- Already in a trade and don't know when to exit? Wait for price to enter the red zone, then look at the masterCycle signal. If the arrow flashes and the oscillator cloud turns red, it's time to sell
If the price doesn't go up fast enough, I'll just hang tight until it hits the fair range.
Alright folks, let's dive in! Remember the last time when the market was right on the heels of that cloud line? Exciting, wasn't it? Now, picture this: we're nestled snugly on a solid support base. So, here's the deal – hang tight and keep those eyes peeled for that cloud line to work its magic and change color. 🌥️✨
Hey there! 📈 ZIL is heading straight for that sweet Support Zone, and if it hits, it's prime time for a long position! 🚀 But if it misses the mark, keep an eye out for short opportunities when the price hits the ultratrend level. Let's stay sharp and make those moves count! 💪💥
Buyers, Hold Your Horses! Wait for Support Rejection 🐎 open short? Aim for the Ultratrend Zone📉
Chillin' for the next pullback on ultratrend! 📈 Gonna grab those sweet gains when it's back in the buy zone! 💸
"Enhance your caution regarding the support zone as it serves as a dependable purchasing point."
"When the price breaks out of the triangle pattern and the indicator changes to green, it could be a favorable opportunity to consider buying."
"For optimal purchasing, it is advisable to focus on the white area. Additionally, in the event of a sudden price surge on the chart, it is recommended to pay close attention to the signals provided by the indicator."
You can definitely recognize the price pattern in this chart. But the important thing for me is that 200 moving average is close to the price after a long time. And if the price is supported by 0.36, we can expect the price to break the 0.4 resistance.
I think this happens for two reasons: Everyone is thinking about 17000$ Whenever "Thermocap multiple" reached the number one, then it also reached the number zero :)