BLZ │ 13.10.2023
Updated
BLZUSDT.P Signals for level breakout
- bar/candles closure near the level;
- bar/candles closure near its high/low;
- close retest of the level;
- the instrument gradually approaches the level;
- accumulation of energy for level breakout;
- consolidation near the level;
- decrease in trading volumes before the level;
- a clear zone beyond the level;
- the instrument is being held from falling/rising in price;
- there is a reserve of calculated ATR;
- there is a reserve of technical ATR;
- there is no reaction to a strong instrument movement;
Trade Parameters
- Open: 0.11312;
- Stop loss: 0.11343;
- Take profit:
- 0.11219;
- 0.11189;
- 0.11158;
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration. - Take profit:
- Stop loss: 0.11343;
Note
Despite the sharp upward movement in the market, I will continue to wait for a short position on this instrument. The main signal for me will be the day's closing near the level. If not, I may cancel my recommendation. I will notify you of my thoughts later.Trade closed: target reached
0.11219 ✔️0.11189 ✔️
0.11158 ✔️
All the targets have been reached.
I didn't open any trades because I was asleep =)
The main thing is that the idea was of high quality.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.