Crude broke a year long up trend line earlier this month. It has now tested the bottom of the up trend line several times and looks ripe for drop. Take your loss on a daily candle close back above the trend line . Target the three indicated levels. You can even hold a portion of the trade for the June 2017 low. Follow your stops as the trade moves in your...
Step #1: Cardano ADA price needs to trade BELOW the 200-day moving average The first condition that Cardano requires to satisfy is to trade BELOW the 200-day moving average. When price trades BELOW the 200-day moving average we know we have a strong premise for a bearish trend to be put in place. The more time Cardano price spends below the 200-day moving average...
Step #1: Attach the Donchian channel indicator to your chart. Preferred setting 20 periods. For the purpose of this example, we’re going to plot the Donchian channel on the 15-minute time frame. The preferred Donchian channel settings is 20-periods, which means that the channel lines will be calculated based on the price action from the last 5 hour candles Note*...
Step #1: Wait until you can spot a bar that has its daily range smaller than the previous three days The first rule requires you to have the patience until the Nr4 pattern develops on the Dogecoin chart. When we have a daily trading range that is narrowed than the previous trading ranges it means that the price is contracting. Based on our backtesting results we...
Rate of Change indicator or simply put it the ROC indicator is another momentum indicator and as the name suggests it measures the rate of a crypto’s change in price and predicts future price movements. Our RSI is applied over the ROC. So the RSI line is derived from ROC not the price. Step 1 - Step #1: Wait until the RSI has a value of less than 30 At this stage,...
Strike Trader Elite Pulse Indicator is a Macd based signal indicator Green vertical line indicates Macd signal Entry is based on a delayed amount of pips before a Buy Stop order Yellow line is painted on chart Buy Stop Loss Red line is painted on chart from a pre-determined amount of pips from entry Buy Take Profit Green line is painted on chart from a...
NZDUSD is in an bullish uptrend. It has moved sideways in a range Watch Macd for direction Bullish Range Breakout Trade Buy Stop .7073 Take Profit .7150 SL below Range top Bearish Range Trade Enter below 100 sma Sell Stop .6965 Take Profit .6902 SL above 100 sma
Big 3 Indicator shows a red/yellow/green back ground to tell you training bias direction. 15m show entry point 1H shows a support level take profit PM me if you want to read the complete Big 3 Indicator Strategy.
It is a perfect moment to buy this coin cheap. Technical and Fundamental analysis are great. DGB is in the triangle now it is going to break from it up or down around June 14th. However we forecast that the price will move upward as there are two great fundamental motives. - Hard Fork on June 21st - New Exchange Listing on June 30th Systematic and specific risks...
Step #1: EOS coin price must make a new 20-bars low You have to wait until cryptocurrency EOS makes a new 20-bars low. This is essential because we want to make sure that the prevailing trend is “well established.” The only reason why we trade against the original 20-bar rule is because we know that the original Turtle system has a very low win rate. So, you can...
Today, the idea is to stay bearish below $1,306 with a stop above $1,309 and a take profit of $1,290, whereas, buying is preferred above $1,289. All the best!
Price moved above 100 sma Price has 2 options besides moving sideways Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845 Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730 If price continues bullish move above 1.1850 wait for new setup If price falls below 50 sma Sell Stop @ 1.1625 Take profit @...
Price has been above 50 sma If price breaks below 50 sma I have a sell stop waiting @ 1.1647 Take Profit @ 1.1555 Stop Loss @ 1.1747 Need Macd to cross below Red signal and zero lines. Also blue dotted +80 Stoch line - over bought Close trade if Macd crosses above Red signal line and if market indecision makes small bodied bars hovering above 50 sma.
Pair is in a bearish move. Market has paused and not broken above the 50 sma I have a sell limit @ .7627 if price breaks above the 50 sma If price stays below then I have a Sell Stop @ .7605 Take Profit @ .7575 SL @ .7647 Macd to cross below blue dotted +80 Stoch line and Red signal line
Wedge pattern breakout long Enter with a 15 m break-hook-go Take Profit previous high
Step #1: Dash cryptocurrency price needs to show a steady rise that suddenly accelerates to the upside. When this reversal pattern is complete, it will resemble a cup with a sharp bottom. This sharp acceleration usually is the last stage of a bull cryptocurrency market, and it’s followed by a sharp reversal if all the trading criteria for a valid Spike and Ledge...
In Japanese, Heiken Ashi means “Average Bar” and it represents the average-pace of prices. The Heiken Ashi candlestick chart can help you to spot both trading periods and ranging periods that you should avoid. There are two primary trade signals that we can identify through the Heiken Ashi candlestick: 1- Bullish candlesticks with no wicks or very small wicks...
Step #1: Wait until the CCI indicator crosses below -100 level When we get a CCI reading below the -100 level, that shows statistically the USD gained more strength than average and therefore great for selling opportunities. As a leading indicator, the Commodity Channel indicator can provide us with excellent great trade signals. When the CCI crosses for the first...