Just follow the trend . Repeat previous movement and take profits .
I have measured the % overflow out of the channel for secure. Put your stop below that point and ride the wave .
Track the progress and take a look at the RSI, if price is near from the top and RSI is overbought just confirm a second signal and price action .
Trade safe .
I have measured the % overflow out of the channel for secure. Put your stop below that point and ride the wave .
Track the progress and take a look at the RSI, if price is near from the top and RSI is overbought just confirm a second signal and price action .
Trade safe .
Note
You can find theese triangle formations before each cycle starts.Note
Closer look with indicators (RSI + TDIGM) + IchimokuNote
ANother view of the ideaNote
Note
This is my ZRXBTC idea. You cand find the same structure here.
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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.