The Daily Proportional Strategy is based on volatility. It involves trend tracking for a financial asset transitioning from a sideways movement to an upward trend. It relies on the scalp method. This is not investment advice and does not provide guidance. It is for educational purposes only.
It looks like DAX is undergoing a correction after a prolonged bull rally. However, based on my personal experience, if the Fibonacci level has broken the 0.618 level, I generally consider this as a trend reversal. We can now say corrections are upwards rather than downwards. Therefore, my view on DAX is a trend reversal, and the rises are opportunities for...
#BTCUSDT touched the Fibonacci level of 0.618, which is a common level for price correction after a peak. It seems likely to start another upward wave from here.
Gold has gained upward momentum but has not yet managed to break the daily descending trend. It has broken the descending channel. Let's see if it will test the resistance it broke before the 4-hour candle closes.
The EURCAD pair approaching the bottom of the rising channel could present a potential "long" opportunity
Continuing the downtrend on the 30-Minute timeframe, GALAUSDT is likely to make a new lower low. It looks ideal for a short pose. Selling opportunity for constantly falling GALA coin Entry : 0.2396 SL : 2438 TP : 2272 Good Luck!
The downtrend channel upper line in the EURAUD trading pair seems suitable for selling. I will use my luck for the short position on the first turn candle. Good luck. TIME FRAME: D1 Entry Price: 1.6339 SL: 1.6500 TL : 1.5790
The price is below EMA 200 and the trend is still down. stochastic turned down again.
On the 4H timeframe, the price is below the 200 EMA and the trend is down for the short term. The ATR value is 8.001. For short position, 1 ATR stop loss level 2 ATR take profit level is determined. Current price : 1960,745 0.30% SL 0.90% XP Good luck!
I expect a breakout in the #ETHUSDT parity, which has been in the market range for a long time, very soon. The price fluctuates between a higher price and a lower price. There is a high probability that the place where the breakout occurred will be our position entry point.