BTC Daily Report 11/06/19

Education Only;

Indicators:
BB 100 Day 1.15, 0.1 Stdevs (Blue)
BB 200 Day 1.15, 0.1 Stdevs (Orange)
BB 100 Week 1.15, 0.1 Stdevs (Purple)

BTC Daily Report

Date: Wed Nov 6, 2019; 10am

Balance:
XXXX
RPNL: +0 (0%)
UPNL: +XXXX (+13%)

Open Positions:
XBTH20: +XXXX @ 9340, Margin 2.5%, Risk 5%;
XBTZ19: -XXXX @ 9773, Margin 2.5%, Risk 5%;
Neutral

WEEK
S. Range: 8300 – 10650 / 9500
M. Range: 4300 – 11100 / 7675
CCI: Positive with Roll Up
WAVEPM: 0.49, 0.61, 0.48, 0.60
Upper: 11100
Lower: 8300
Trend: Neutral
Active MR: None

DAY
S. Range: 8550 – 9675 / 9125
M. Range: 8300 – 10900 / 9575
CCI: Slight positive
WAVEPM: 0.76, 0.70, 0.72, 0.60
Upper: 11150
Lower: 8300
Trend: Neutral
Active MR: Down, 14 period, MA: 9125, Upper: 9690, WavePM: 0.76, lateral, almost complete

4H
S. Range: 9270 – 9400 / 9340
M. Range: 8125 – 9670 / 8900
CCI: Positive, potential for Roll Up
WAVEPM: 0.20, 0.19, 0.84, 0.78
Upper: 9670
Lower: 8300
Trend: Up on 200, Upper: 9240, WavePM: 0.78
Active MR: Down, 100 period, MA: 8900, Upper: 9670, WavePM: 0.84, lateral

BUYS
Primary: 9150 - 9000
Secondary: 8300

SELLS
Primary: 9560 - 9700
Secondary: 10900 - 11500

>>> NOTES

Strategy
Compression/Range

Mean Reversion
Completing within a couple days;

Technical Analysis
Forming Bullish Shelf or Bearish Bart;
Compression likely for 1 – 4 weeks;

Fundamental Analysis
Neutral;

Notes On Open Positions
Net Neutral, waiting for optimal entries. Buys and Sells at bottom and top of likely range for compression period;

Take Profit
None

New Executions
None
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