Crypto|ETH/BTC|Long
Updated
Long ETH/BTC
Opening a trade only when the blue zone is fixed/broken.
The blue zone was located behind the local trend resistance level.
There is also a local change in the regression trend (Screenshot attached).
Using the local Fibo to determine the price, I identified 2 possible take zones.
The red arrow highlighted the scenario in which the idea is still relevant, but with edits.
Blue arrow - neutral scenario in which the transaction was not opened.
Red zone - stop zone (fixing/breakdown).
Opening a trade only when the blue zone is fixed/broken.
The blue zone was located behind the local trend resistance level.
There is also a local change in the regression trend (Screenshot attached).
Using the local Fibo to determine the price, I identified 2 possible take zones.
The red arrow highlighted the scenario in which the idea is still relevant, but with edits.
Blue arrow - neutral scenario in which the transaction was not opened.
Red zone - stop zone (fixing/breakdown).
Note
Screenshot.Local regression trends.
Order cancelled
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