Prism
BTC.D: More alt gains until PRISM’s psar-based RSI/Stochs resetsAs I had also posted on the 21st August in a telegram channel as a reply.
t.me
More minor alt gains until PRISM’s psar-based RSI/Stochs resets.
Noteworthy: However, divergence in the progressive tops of the psar oscillator where it is descending, while BTC dominance is ascending.
BTCUSD: mixed but conditionally bullish-biased signals.Bitcoin to rebound back to top black resistance level, if price continues to hold above red support line — allowing the PRISM RSI and STOCHS to reset. Momentum still in the negative though, and acceleration and Jerk oscillators doesn’t look to be rebounding yet. Need to wait till PRISM acceleration oscillator to turn positive first before deciding on an entry time.
Suitable stop loss might be at slightly below the lower black support line perhaps.
Prism breakout tradingplan USDRUBYou're going to be breakout trading.
Follow the trend 'till you see reversal.
Fibs an old highs and pools of liquitiy are likely places to see reversal, so keep your eye on it.
*Warning, Forex trading is high risk, always use a stop*
I'm going to place my stop at break even, and make it move with the trend as it progresses.