A short opportunity is forming on DENUSDTPERP on perpetual futures at Binance. You can see all the same signals in the chart above this month. I will detail each one below.
Rules for the entries LONG
price closing above MA 200 (yellow) and MA 20 (red)
The last candle is going above the open value of the latest bearish candle
Last bearish candle can be at max three candles away from the latest candle
The last candle must be close to the MA 20 (red)
SHORT
price closing below MA 200 (yellow) and MA 20 (red)
The last candle is going below the open value of the latest bullish candle
Last bullish candle can be at max three candles away from the latest candle
The last candle must be close to the MA 20 (red)
Stop Loss The lowest value of the latest four candles when Longing. The highest value of the latest four candles when Shorting
Take Profit Two times the size of the stop loss.
May/2022 Signals
Signal #1 - May 1st - 8h timeframe Almost on sideways movement, The price moved to trigger our signal. That trade resulted in a loss of 4,8%
Signal #2 - May 3th - 8h timeframe In the same sideways movement, price movement triggered another signal. We followed the rules and entered. Unfortunately another loss, close to 5,8%
Signal #3 - May 5th - 8h timeframe Our third signal of this month was triggered with a strong bearish candle, engulfing the latest bullish candle. Profit around 17.7%
Signal #4 - May 10th - 8h timeframe Another signal with the bearish engulfing candle.Profit around 17.5%
Signal #5 - May 17th - 8h timeframe Another signal triggered, order already opened to make close to 16%
Total profit this month so far is around 45,8% with 1x leverage.
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