How I Trade Bitcoin
Updated
Hi Traders,
Very rarely do i educate on public platforms, however i feel that this information will be hugely valuable to the wider trading community and help those who struggle to identify a trading zone.
Building a tick list of requirements prior to a trade not only provides you a higher probability of long term success, but also reduces impulsive and emotional behaviour.
In my opinion there is a huge misconception that 1 indicator is enough to become a consistently profitable trader, i feel building an area where price is likely to reverse based on multiple confluence factors will give you the 'edge' over the market that is required.
Be sure to swipe left to view all 8 trading opportunities.
Thank you for your continued support.
DISCLAIMER:
I am only providing my own trading information and basic techniques for your benefit and insight, you should apply your own due diligence and not take this information as a trade signal / strategy.
Very rarely do i educate on public platforms, however i feel that this information will be hugely valuable to the wider trading community and help those who struggle to identify a trading zone.
Building a tick list of requirements prior to a trade not only provides you a higher probability of long term success, but also reduces impulsive and emotional behaviour.
In my opinion there is a huge misconception that 1 indicator is enough to become a consistently profitable trader, i feel building an area where price is likely to reverse based on multiple confluence factors will give you the 'edge' over the market that is required.
Be sure to swipe left to view all 8 trading opportunities.
Thank you for your continued support.
DISCLAIMER:
I am only providing my own trading information and basic techniques for your benefit and insight, you should apply your own due diligence and not take this information as a trade signal / strategy.
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Be sure to swipe left to view all 8 trading opportunities.Note
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For those who have private messaged me, you are all correct you can infact use this on all timeframes, however it's more effective from the 1hr to the Daily TF.Note
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1hr bearish RSI divergence is forming in addition to the 4hr deceleration.It doesn't for me constitute a trade opportunity, but something certainly to be aware of.
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Price finally breaks, awaiting the next consolidation period.Note
Consolidation period is now underway, which provides an area of interest.Note
The next impulse is confirmed.$5,500 is expected into next week.
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We will see price hit $10,000 again?A B&R of the descending trendline could confirm the next bull run.
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Will key $5,850 structure support hold?Regardless of the direction price decides to break, there is a trading opportunity.
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The above strategy has now be coded in script and is available for free on the link below.
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.