Play the chart with simple rules: Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry" Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example) Play with minimum 2 positions. Once trades hits TP1, change stop loss to break even,...
As you can see, the BTC has been bounced between 60k - 30k zones and has created a tradingrange. It has attacked the top zone and created 3 pushes up but did not have enough momentum to break out and created a bearish tight channel and now, it has reached the bottom line ( channle line ) and made a bullish candle in Daily timeframe to the bearish channel midline....
The gold chart entered the trading cycle yesterday after Sharpe's move and is fluctuating in the range of 1838 to 1843.7.
HI TRADERS ... Price in top of broad bear chanell i think sell Double Top and scale in higher price and hold to Measured Move based on height of trading range or bottom of broad bear chanell is profitable strategy
here is the main level to trade and swing on btc .
Obviously we are in a trading range right now and the price is a little above the support line. However, the sellers are still very active and the supply is overpowering the demand but if the sides change it's safe to say we can open a long position. Also, we see positive divergence in 4h and 1h time frames on MACD and RSI indicators, yet opening any long...
As you can see, the price started its bullish cycle in Oct. It finished the channel phase and entered into trading range phase, but not a normal trading range, It created trading range in pattern mode ( bullish triangle ). Parts of the charts are: Red line: short term bearish trend line ( one side of the triangle ) Dotted red line: extended bearish trend...
As you can see, the price was in a bullish cycle: it finished its 2-leg spike and the channel ended with an exhaustion gap and created new ATH. After that the tradingrange phase started in 2 modes: first it created a bullish wedge ( bearish channel ) and then, it created a classic trading range. The momentum is weak because of the size of the candles and can not...
A bullish trend (Yellow Arrow) and then switch to a range (Consolidation/Bullish Pennant). Wait for the breakout to enter or add more to the position.
A while back i uploaded a chart pointing out that silver was partial rising within a trading range and that the next time it hit the bottom of the range it'd be much more likely for us to break down and today here we are. I'm reuploading this chart as a relevant reminder of the impending breakout. I expect that we should get a move down to the .786 and .886...
4H TA on Floki Inu 1. staying withing the current trading range - buy low, sell high (WHITE) 2. breaking through current resistance zone and possibly reaching the target line (GREEN)
We can clearly see that 4H chart in CHR is in trading range 0.98 - 1.44. I put a Fibonacci retracement here, you can see the support and resistance can be get using my fibo. If you think that you want to be a part of CHR holder, I'm consider you to waiting on this area: Upper Box 1.44 Mid Box 1.21 Lower Box 0.98 Please use the this as RBS or SBR after place an...
On the weekly we are currently closing below the 55 week moving average and potentially double topping while on the daily we are trading within a range potentially creating a Head and Shoulders pattern that if broken would likely take us to the bottom of the range. If after making it to the bottom of the range we break through, we can then begin to target the...
Hello everyone, about gold, I believe we have to stay in this trading range for a while, everything you need to know is shown on chart, make sure you stick to your strategies and have strict stop losses. Good luck don't forget to like and subscribe ;)
We will likely see the top or middle of the trading range again once we break back above the supposed "neckline"
Well, crypto market is looking bullish in an overall looking, XMR had broken out of a big triangle, as we know this could end to a trend reversal ( pump ) or Trading range, and as we can see, we have had a trading range so far ( shown in the picture ); it makes a good situation for BLSH ( Buy Low, Sell High ), and also if we ever break out of this trading range,...