Plotted support and resistance in 4h and 1h. Saw a pattern in 15 m time frame, waiting for candles to close in 15m. Used also Fib extension to check key levels for entry, tp, and sl. Could target the .3 percent movement basing from the pattern and the support. Rsi also showing weakness in price.
Scalping in a lower time frame, saw a double top pattern. Retest in OB, RSI shows weakens, and got rejected in the resistance. Targeting 10 percent but can target the key levels in FIB extension.
BTC has broken the rising wedge trendline, and is currently forming a descending triangle. The last recent highs wasn't broken, and is forming a bearish trend line. Might receive a recovery before choosing a trendline. Shorting the opportunity.
Saw a rising wedge, and a triangle pattern which indicates bearish movement. Also filled the fvg indicated as purple highlight. Targeted the key levels in fib, used OB as entry, tp, and sl.
Bearish for short term. Will target the last swing low in 15 min tf. May follow the key levels for Fib extension for tp, but to manage risk will target the last swing low. Rsi shows weakens and may go below 50 in 4h -> 1h -> 15min. Looking for a lesson if the TA is going to be wrong. lol.
Saw it retested on the descending channel, it also hit support turned into to resistance, and shows bearish convergence in RSI. Can target the recent swing low for safe trade but it might go down 18,9k. Entered in 15 Min OB.
Plotted support, and pattern for the price action. Still follows the major descending channel, and created a descending triangle. Looking at the RSI 1 HR it is creating higher high, but in the price action its creating lower highs which is a bearish divergence. Charted the Fib tool in 4 HR TF, and checked OB 15 MIN for entry and targeted the price level in Fib.
I already set up Order blocks, and used the Fib tool for support and resistance. Saw earlier that Magic retested in the major descending channel after it broke out the minor ascending channel it would retest in the middle section of the major descending channel and has an bullish ob. Targeted the bearish ob turned into supply and demand as a target around...
