Iteksignal indicator alerted to go Long today.
In this case, be careful that there is a resistance level nearby that must be broken so that the signal is valid.
So, the entry point is above 15500 not above the signal bar as usual.
The signal is void if price goes down below the low of the signal bar.
Consider this rule everytime the signal bar is close to a support/resistance zone.
The indicators does not replace common sense nor good trading practices.
See you in the next chart
Trade active
Now the Iteksignal is a Valid Trade
Resistance was broken
Iteksignal alert trend continuation Signal to confirm the previous one
Trade active
This is the profit projection of the BTCUSD trade
the ab=cd structure is completed right in the all
time high price level.
I will take partial profit at that level and adjust SL at last swing low.
Let`s see what happen !
Trade active
The trade is in progress.
Look at the 2 Iteksignal signs indicating the pullback
they could be used to make a small profit 1:1 and then re-enter.
I chose to wait for TP1 or be stopped out.
This is a crypto trade
Until next update
Trade closed: stop reached
We were stopped out.
But, Iteksignal issued a reversal Signal.
Are you in the market again? Why not?
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.
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.