How to trade with Vegas Tunnel ?
Vegas Tunnel is very easy to learn,only need five ema .
❗❗❗This post we do long for example ❗❗❗
🚩Preparation🚩
Set up 5 ema as below
12 /144/ 169/ 576/ 676
We use the number to find support or resistance .
12 ema I will call it confirmation line.
144/169 ema we treat as short term tunnel ,I will call it Green.
576/676 ema we treat as long term tunnel,I will call it Purple.
🚩Conditions🚩
1️⃣ If price breaks down or touch the Green/Purple and goes up quickly.
2️⃣ Wait for price stand firm 12 ema
3️⃣ Make sure 12 ema "NEVER" touched Green/Purple after condition 1️⃣
If meet all the conditions ,SL is the lowest point after it broke down.
TP can setup previous high and take some profit if the TP be hit .
This is the easy way to make strategy for beginner.
Do not follow the random signal or feeling if you are a beginner.
Do your strategy and follow it !
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
❗❗❗This post we do long for example ❗❗❗
🚩Preparation🚩
Set up 5 ema as below
12 /144/ 169/ 576/ 676
We use the number to find support or resistance .
12 ema I will call it confirmation line.
144/169 ema we treat as short term tunnel ,I will call it Green.
576/676 ema we treat as long term tunnel,I will call it Purple.
🚩Conditions🚩
1️⃣ If price breaks down or touch the Green/Purple and goes up quickly.
2️⃣ Wait for price stand firm 12 ema
3️⃣ Make sure 12 ema "NEVER" touched Green/Purple after condition 1️⃣
If meet all the conditions ,SL is the lowest point after it broke down.
TP can setup previous high and take some profit if the TP be hit .
This is the easy way to make strategy for beginner.
Do not follow the random signal or feeling if you are a beginner.
Do your strategy and follow it !
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
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