Trendline Break + revisit
Two Supply Zones (Level on top of level)
Entry 288
Stop 308
Target 240
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Zoom in🔍
Study the chart well.
Follow the Green Arrow🔝
As we can see, bttusd is in a downtrend with two credible resistance point and three credible support areas.
Price is also in a triangle. So I expect price to long to $0.0085 or short to $0.003 but if there's an upward breakout at $0.0085, we go long to $0.01.
What do you think?
Share your opinion in the...
Trendline Break
Below SMA13
OBV<OBV SMA34
W%R under -20
Entry 58.6
Stop 60.5
Target 53
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Weekly: SMA20/40 support, OBV>OBV SMA40
Daily: Trendline Break, OBV>OBV SMA34, W%R Crossed -80
Entry 4
Stop 3
Target1 6
Target2 9
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
according classicpatterns particularly XABDC pattern, bitcoin get back to 56000 again.
but you should notice because of losing 50000 level last time,its better to have more sell according to your analysis
GJ might give us good selling opportunities with this retest on that lower ascending trendline which has been broken. I am looking at a short sell on this pair, and is it good time now to assume that the bearish momentum of this pair has exhausted it potential? We don't know, but interesting data is coming out this week for the BoJ, speech and interest rate...
Last week I mentioned market might bounce from 1.382 level...It did exactly that....Now Expecting GBPUSD to test 1.393 level and do a pullback. I will be shorting from there and will target according to pattern....If it could do a retest till green trendline, that would be a 618 pullback for the bat pattern and could again bounce off from there!!
we have 2 open GAP on BTC1! CME chart. I think bitcoin formed QM pattern in Daily TF. QM is a powerful pattern.
Bitcoin was broken weekly trend line (in logarithmic chart mode) and i expect bitcoin goes up to near 60K for 3 purpose :
1-close open gap, 2- QM pattern complete, 3-pullback to broken weekly trend line.
if correctly complete QM pattern bitcoin...
From Feb 2021 to April 2021, we had a 100% gain for btc. After reaching the 60k level, we had about 50% retracemnt back to 47k levels. If we are able too keep the levels above 50% retracement, we can more new highs or else we might got further down to 40k and possibly even 30k for the next support
May be got pullback or wait for two candles green then you can join doge .
It seems Mr. doge joined to trend lines and get reacted with them.
Actually this procedure I suggested to whom likes buy a doge!!!
Good luck! ;)
