- LiKE AND SUBSCRiBE!
- DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
- THiS iS NOT A FiNANCiAL ADVICE!
THE SETUP:
WE HAVE 4 POSSiBLE SCENARIOS.
1.GREEN - STRONG UPWARDS
2. BLUE - A FAKEOUT
3. YELLOW - SiDEWAYS AND THEN UPWARDS
4. RED - A DUMP TO THE DEMAND ZONE
WE CAN PLAYOUT 1,2,3 SCENARIO BY GOiNG LONG ABOVE THE 69.3 LEVEL AND USiNG AGGRESSiVE PROFiT TAKiNG STRATEGY. WE CAN EXPECT 11% PROFiT iF THE PRiCE CONFiRMS THE CHANNEL.
TRADE:: DASH_1_112020
STATUS:: PLACED
TYPE:: LONG
SIGNAL:: PRiCE ACTiON (CHANNEL)
FILTER:: PRiCE ACTiON + OBV
VOLUME:: $3000
ENTRY:: ABOVE 69.3
TP:: 3%,5%,10%
SL:: 2.6%
RRR::4.5
RISK:: $80
REWARD:: $150-300$
PROS::
1.UPWARD CHANNEL
2.EVERYBODY iS WAiTING FOR BTC TO GO DOWN, BUT WHAT iF WE DON'T HAVE ANY PULLBACKS AT ALL? WHAT iF THE PRiCE ACTION JUST EXPLOSiVELY GOES UP AFTER A PERIOD OF SIDEWAYS?
3.MFI LOOKS LiKE iT WANT TO GO ABOVE 50 AT 1H. IT'S ABOVE 50 AT 3H,4H,6H
CONS::
1. WE MiGHT SEE A SHAKEOUT BEFORE WE LEG UP
2.FAKEOUT iS ALSO POSSiBLE. LOOK AT HOW OBV iS ACTiNG - iT MiGHT BE A BEARiSH DiVERGENCE THERE
3. CONSiDER TO TAKE A SMALL OF PROFiT OUT OF THiS TRADE RATHEN THAN PUT YOUR STACK AT RISK
4.BIG RED iCHI ON A 4H
OVERALL:: RiSKY SETUP WiTH WHiCH I CONTEMPLATE TO PLAY. I'LL BE BY LOOKiNG AT THE VOLUME TO DECiDE IF I WANT TP PLAY FOR THE BULLS RiGHT NOW
- DON'T BE AN IDiOT AND THiNK FOR YOURSELF!
- THiS iS NOT A FiNANCiAL ADVICE!
THE SETUP:
WE HAVE 4 POSSiBLE SCENARIOS.
1.GREEN - STRONG UPWARDS
2. BLUE - A FAKEOUT
3. YELLOW - SiDEWAYS AND THEN UPWARDS
4. RED - A DUMP TO THE DEMAND ZONE
WE CAN PLAYOUT 1,2,3 SCENARIO BY GOiNG LONG ABOVE THE 69.3 LEVEL AND USiNG AGGRESSiVE PROFiT TAKiNG STRATEGY. WE CAN EXPECT 11% PROFiT iF THE PRiCE CONFiRMS THE CHANNEL.
TRADE:: DASH_1_112020
STATUS:: PLACED
TYPE:: LONG
SIGNAL:: PRiCE ACTiON (CHANNEL)
FILTER:: PRiCE ACTiON + OBV
VOLUME:: $3000
ENTRY:: ABOVE 69.3
TP:: 3%,5%,10%
SL:: 2.6%
RRR::4.5
RISK:: $80
REWARD:: $150-300$
PROS::
1.UPWARD CHANNEL
2.EVERYBODY iS WAiTING FOR BTC TO GO DOWN, BUT WHAT iF WE DON'T HAVE ANY PULLBACKS AT ALL? WHAT iF THE PRiCE ACTION JUST EXPLOSiVELY GOES UP AFTER A PERIOD OF SIDEWAYS?
3.MFI LOOKS LiKE iT WANT TO GO ABOVE 50 AT 1H. IT'S ABOVE 50 AT 3H,4H,6H
CONS::
1. WE MiGHT SEE A SHAKEOUT BEFORE WE LEG UP
2.FAKEOUT iS ALSO POSSiBLE. LOOK AT HOW OBV iS ACTiNG - iT MiGHT BE A BEARiSH DiVERGENCE THERE
3. CONSiDER TO TAKE A SMALL OF PROFiT OUT OF THiS TRADE RATHEN THAN PUT YOUR STACK AT RISK
4.BIG RED iCHI ON A 4H
OVERALL:: RiSKY SETUP WiTH WHiCH I CONTEMPLATE TO PLAY. I'LL BE BY LOOKiNG AT THE VOLUME TO DECiDE IF I WANT TP PLAY FOR THE BULLS RiGHT NOW
Note
SETUP MADE MONEY!DON'T APPLAUSE, PLEASE! JUST GIVE ME YOUR LiKES, SUBSCRIBE TO MY ANALYSiS AND SEND MY TV COiNS!
THANKS!
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.