chrisdpcameron

chrisdpcameron

50/50 chance of working. But extreme RR makes it worth buying some inventory. I have allocated 10% risk

chrisdpcameron

If the next 30 minutes pushes down and buyers come in at the orange box. I will take a long with stop just below local lows. I have not entered long yet.

chrisdpcameron

Sell

chrisdpcameron

If market rises toward the recent point of selling price may retest lows. Wait and see how price reacts at the level. If the market comes into resistance, drop to LTF. Look for market to penetrate the structure 2 or 3 + times, reject and starts forming lower highs. Wait for the LTF trend line to break or short at a shakeout high. If the trade moves to TP1 A) take...

chrisdpcameron

There is a LVN located around 6700 - 6900. We could see some quick mean reversions out of this price area back to current price and possibly back to previous top. I would be looking for a long set up should we trade into this LVN. Low volume rejects and high volume accepts. A LVN is a vacuum for price. The market may plough straight through it our reject quickly...

chrisdpcameron

We are in a squeeze at the time being. Buyer VS Seller! If we take another leg down here and break the triangle there will be a lot of shorts taking profit around the 618 (In ripple/BTC) And the longs will get stopped out. Creating a smart money wave of buying at the 618. If we retrace to the 618 I will be a buyer with a stop loss below the pivotal point of...

chrisdpcameron

Break of uptrend channel. Retesting now. Short it now and make a profit. Momentum is in your favor. Always remember to use a stop loss.

chrisdpcameron

Good evening traders. Mid term time frames are uncertain for BTC this we all appreciate right. That being said, crickey look at this beauty! This really is a beautiful example of a bullish triangle within an overall bullish triangle. Geometrically, technically, visually. Its a very powerful bullish structure. Ultimately if BTC breaks into new lows this beauty...

chrisdpcameron

OMG its a wedge. Price is approaching strong, volatile, consistent SUP/ RES levels at $15.5. High Risk to Reward in the short term as any many candles showing massive volatility making placing stop losses for short term trades a risky bidness. Personally waiting to see a candle close upside of this wedge. Retesting the breakout area implies a more secure trade....