1. Triangle BO short bar 12 2. Low 2 bear trend resumption short bar 29 3. Wedge Bull Flag long bar 58 4. Wedge Bear Flag short bar 84 Total 4 setups with R/R 1:1
Top of Bull Channel Nested Wedge Bear Flag Good Signal Bar
Right now BTC in low zone of Trading Range (TR). In TR 80% of breakout attemps will fail and lead to reversal. Bulls should wait for signs of buying pressure, at least one good bull bar closed near its high to enter long position. Bears could only short in case of breakout TR with strong bear bars.
1D: The Bitcoin is in Trading Range (TR) for 4 months. When we are in TR the probability for breakout (BO) beyond TR Up or Down is only 20% In Trading Range we should Buy Low, Sell High (BLSH) Right now Bitcoin in Low Buy Zone. Trading Idea: Buy with stop order above bull bar at 20.554 Place protective stop order beyond the reversal below Trading Range at...
1D: Ethereum is in Broad Bull Channel from June. In September i am spotting more Buying Pressure ( more bull bars closing above their midpoints near the highs ) Also, locally we have unfilled gap with previous lower low which is evidence of Bull Strength. Trading Idea: Buy with stop order above bull bar at 1632 Place protective stop order beyond major higher high...
1. Trading Range 2. Bears Need to brake 23562 with strong bear bars 3. Bulls Need to reverse wedge bull flag and brake EMA with strong bars
long in bull trend inside triangle risk reward 1/2.5
1. Three failed pushes up and down - Triangle -> Breakout Mode 2. Nested Wedge Bull Flag 3. Buy with stop above strong bull bar
look for shorts today because the downtrend and wedge bear flag
I am entering short at trading range top with wedge bear flag
Trading Range - Buy Low, Sell High Wedge Bear Flag
Nested Wedge Bull Flag No Selling Pressure Inside bars means soon wee see some move
LUNA Bulls want to breakout the triangle. Open long with stop.