Here's an example bot designed to catch wicks on higher time frames. This is designed for cyrpto exclusively.
Watching for something like this
AMC showing signs of a further correction. possibly to retest previous all time highs
EUR\USD 15m LONG after 4h breakout. We can see 3 wick and it means sellers weak than buyers
We can see a double bottom with a lot of buyers at this area. Also, that big wick of todays candle means the real strenght of the buyers. So, the formation is really nice and the thing that can push the price down is if the market pulls back tomorrow.
Might not be tested today, but I've noticed that flash crashes like that are indicative of actual selling in the near term. Call it a day or two perhaps.
Just posting my chart. Actually sniffed out the short op on 1/26 with some basic trendlines/triangle pattern charting. Went short that night before bed, got stopped out at 00:45 on 1/27 with a small profit, but woke up to a hell of a drop, sucks! Whatever. Called out some short targets from other triangles/channels. All got hit. We ended up wicking down to the...
i promise myself i wouldnt reveal my tricks, but i lied, cuz to be a pro trader u gotta be unpredictable even with yourself let me introduce to you Fundemental Theorem of Algorand Trading: Wick Donalds. take a minute to appreciate the fine art i prepared for you in all its glory ... ... good. this chart describes a phenomenomnom called Wick Donalds. it is...
same chart as before but cleaned up the trends that are no longer viable. we can see at bottom around the 27.8K level and now a nice rally to retrace the upside. ill be looking for a W pattern with a higher low developing on the 1H candles before i look to get back into a LONG. also keep in mind the long wick down on the 4am 1h candle is very bullish . lets see...
AUDNZD dropped to important 0.5 Fib. level. The importance of this level is identified by strong wick and rejection of resistance trend line. We expect bulls to move the market. GOAL: 1.06244
It looks Like GBP/AUD is retesting the previous resistance triangle, and to confirm sell, huge wick has been seen througout 2 candles, showing big rejection. Risk/Reward Ratio : 1 : 2 Entry : 1.82745 Stop Loss : 1.83763 Take Profit 1 : 1.81621 Take Profit 2 : 1.79829
We can see on the daily TF that price has now hit this descending TL for the third time, where we are at a structure level, 38.2 fib level and the 50EMA acting as support. With a confirmed entry being on the 4H TF (huge Bearish wick)
BTC touched the regression channel-bottom nicely. I am open to several scenarios, where one is the institutional way of looking at things, using reload-zones. I drew in three major reload-zones, and combined where they overlap, called reload zone in the chart. If the support at 10,5k is broken we may see a fast decline into a possible touch around the...
Granules India The two green candles out of last 4 candles have good volume but both have wick on top. Stochastic and RSI are as per rules. Buy can be initiated only after 325 levels for Rs 10 move. A lot depends on bar and volume in the coming days. One good point is support at 9 EMA is being held so breakout can be expected.
Last Friday there was NFP news, which went for a sell. As of now, we are looking for a buy based on the long wick before the market closed that occurred on Friday. TP: 1.3075 OR ABOVE
Crazy wick on the 15m and 5m! Assuming a stop-loss trigger to get some liquidity for the next move up!