1, it has hit 61.8 2. a breakkout after the 61.8 has happened. 3. ENTER (SL right above 61.8 wick)/TP @ 1.27 DO NOT PULL OUT 5Min
1. It has hit the 61.8 2. Waiting for break of the trend and below the blue line (ENTER) 3. Place SL above 61.8 wick & TP @ 1.27 4 DO NOT PULL OUT
Rules are met. As you can see, its hit the 61.8 made a clean break out. Lets go ahead and enter and place SL & TP Place Sl half way towards profit
These are 4 confirmations for me to enter a trade. IF I DONT SEE THE ENGLUFING PATTERN THE TRADE IS RISKY.. Just because it hits the 61.8 doesnt mean its going to reverse. What youre looking for is a breakout after the 61.8 hit,, 1. Did it hit the 61.8 2. With-in the high and low did a engulfing pattern happen on the 30m or 1hr 3. find a nice clean breakout, and...
If you know me and my method, yes we want to get in after the 61.8 hit, but we wait for a clear break out before entering trade
If you know you know.. 61.8, break out happened.. ENTERED SL at the 61.8 and TP @ 1.27
Heres an update on the new strategy im trying out... THIS COULD BE LEGENDARY..... CLICK ON THE STRATEGY LINK IN THIS BIO BELOW FOR THE ANALYSIS I FOLLOW BEFORE ENTERING A TRADE..
Testing out new strategy As you can see below i have the strategy im trying out in motion.. THIS IS A 1:1 RATIO TRADING METHOD
Still trying to figure out a new strategy and this one i can say has been going pretty well this week... What im doing is trading only around the quarter points. 000 250 500 750 Im looking for the SToch RSI to be undersold or over bought.. So on a SELL im looking for the Stoch to be over bought, then i wait for a bullish candle to reach my Quarter Point then...
As you can see on the Day, its retesteing the 61.8 and not is about to break below... Potential 500 pip drop
As you can see its respecting a support line.. Yes a breakout happened but i feel its a fake out... Its sitting at the 61.8 area as of now.. If it goes past the 78.6 lets get out.... XABC
INFO ON THE CHART IS SELF... IVE BRRN TRADING CYRPTO LIKE ITS FOREX, BUT BUYS ONLY...
After break outs, allllllways expect the retest to the previous trendline broken. And especially if retest the 61.8 fib levels SMDH... PERFECT CONFIDENT ENTRY
Ive seen this too many times after these spike ups... It goes viral on the news because of the new high made, and people go crazy and buy and it dips....
AS YOU CAN SEE ON MY PREVIOUS 2 POST YOU CAN SEE WE'RE HEADED IN THE RIGHT DIRECTION... LAST NIGHT ELON SOLD ALOT OF BITCOIN AND MIGHT BE MOVING ON TO DOGE COIN... THATS WHERE THE SPIKE CAME FROM..... TODAY @ 3PM CENTRAL MARK CUBAN WILL TRY TO PURSUADE THE MASSSES TO JUMP ON DOGE COIN AND IM LOOKING FOR IT TO HIT ITS PREVIOUS HIGH SOON.... GO LOOK AT MY PREVIOUS POST
As you see on my last post we entered at $0.25 A fake out happen and we entered at $0.17.. A rejection has happened, and we're expecting another break out...
Regualr candle stick and market structure with ease
Hit the 61.8 and now broke below the strong support level ... Now after the break below, now we are looking for it to hit the next support level which is the 61.8