using the theory of cycles within cycles and repeatable patterns (fractals) we can anticipate high probability trade setups that may develop and play out with speed. This leads to low stress easy money
Today we are looking at Algo because we noticed that while the majority of the Cryptocurrency market is down for the day, Algo is currently showing a >10% gain.
Time Frame
In this example, we are using the 4-Hour chart because we noticed a High Volume candle being triggered.
Strategy
Tactical Analysis - The evolution of the Traders Reality Hybrid strategy...
The best risk to reward trade set-ups are usually found when you trade with the trend. To identify these ideal set-ups you plan your trade by starting with a high time frame and working down to an executional one.
Time Frame
In this example, we are looking at 4-time frames for APEUSDT. The 15-Min, 1-Hour, 4-Hour, and Daily.
Strategy
For this trade set-up,...
-Set up
-Start on the hourly chart looking for the cycle or any M or W formations
-M formations only happen above the 50ma
-Specs
-W formation only happens under the
50ma
-Next step
-Head to the 15min chart watch for a cross of the ma's
-MA's
-5/13ma must cross the 50ma to the upside then come back to the 50ma to test if successful enter...
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE.
Literally, anything could happen. So, chances are this will not be what happens. This could definitely could happen though.
We need to retest the prior resistance as support before moving up to the next resistance level.
I KNOW NOTHING. DO NOT TRADE ON MY PROJECTIONS. NOT FINACIAL ADVICE.
So far we are still following the path of previous #bitcoin cycles.
Oct 8th - 12th 2017 we dropped almost 30% before the epic move to the moon.
Will history repeat itself yet again?
This is a "tutorial" about attitude and expectations.
Greetings from central Pennsylvania, USA. You can call me "Pops" if you want. Or "Pappy Eric." Most importantly, though; STAY OFF MY LAWN!!!
The wealth of knowledge provided by Tino of Traders Reality YouTube channel is what enabled me to stop traditional work at age 59 and support myself full-time with...
Marked various buy in points for various risk appetites. Will we see Happy Days ahead? Price needs to remain above support to confirm the pattern playing out.
NASDAQ:TLRY
AMC retracing today. Needs to hold above $38.00 and start moving up. Safety buy in when price exceeds $46.34 and should see movement up to $49.75 if that condition is met.
We saw TLRY pick up some points today and should see a kick up to resistance level at $15.30 before seeing some retracement.
Looking to see a higher low form after retracement to make a W formation.
Support price has been broken but appears to be holding for now.
News of DELTA COVID VARIANT has the market spooked for another "Covid Crash".
No Buy In point presenting itself yet. Wait and see if support holds and if price can get to bullish reversal confirmation.
NASDAQ:SXTC
Confirming W Formation.
W Formations only appear BELOW the 200 Day EMA
Start of possible uptrend.
M Formations only appear ABOVE the 200 Day EMA
Start of possible downtrend.
NASDAQ:USOI
USOI Looks to be ready to form an M formation signifying a top. If it breaks $5.42 expect more Bullishness. However, if price doesn't break, expect a period of downward price action.
