This is an example trade following the strategy I posted couple of days ago (See link at bottom of page) EMA 8 Close has crossed EMA 8 Open - With space between indicators (shows stronger move) Volume has switched from bullish to bearish control on the WWV (Weis Wave Volume) indicator. We have Lower Highs (LH) and Lower Lows (LL) continuing to form which shows...
Short, huge RR ratio, if stopped out will look to reenter in rejection candle
New Simple, easy and profitable Cryptocurrency trading strategy. The chart I've used to demonstrate is Ethereum but I use it across all of the major cryptocurrencies (BTC, XRP, BCH, DASH, etc). The chart shows daily timeframe but it is profitable on lower timeframes (I haven't used/tested below 4hr so try that yourself) Indicator List WWV_LB (5) = Weis Wave...
Price showing bearish only daily timeframe after a timely retrace. Only managed to reach 0.382 fib before bears have taken control back -> shows that the downward trend is still too strong Expecting price to reach the previous swing low but could fall further Will exit trade based off daily collective volume switch from bears to bulls
Price looks like it could reverse here. Daily tf - exit and reentry of BB 10hr - bullish engulfing with new 50 tf low and rejection from this area Huge potential take profit of 1:6.16 - which is set at the 50 time frame high
Profitable strategy for trading bitcoin on the 4hr char, I published an idea last week showing a strategy on the 12hr chart. Top chart 4hr Time Frame Weis wave volume by LazyBear (4) Heikin Ashi candles Bottom Chart 4hr Time Frame Weis wave volume (Not necessary to use, just shows the comparison/ difference between Heikin Ashi bars and normal...
Expecting price to reverse from this area. Price action shows we have a rejection of the 50 x tf new low. Looking for price to rise back to the midline.
Price looks like its going to break resistance and continue long. volume switched to buy and MM oscillator showing buy. Huge risk:reward ratio of 1:5
Strong resistance with 3 separate bounce points. Volume switch to bearish across 2 indicators. MM oscillator showing price overbought
Sell signal showing across all indicators, expecting price to drop to minimum of 1.618 fib extension
Short term trade, price looking overbought Volume showing sell across both indicators. TP is fib extension 2
Murreymath Oscillator (Coloured candles) indicating a bottom of the downward move Volume showing a switch from bears to bulls Nice break of descending trend line Take profit at 0.618 fib retracement level but likely to change depending on market conditions.
Price moved through the 3 levels on the MM oscillator pretty smoothly, which indicates strong trend. Price has turned bearish to bullish on the volume indicators.