BitcoinShort
BTC Strategy with a corridor between MAs
Strategy with a corridor between MAs
The strategy is to use MA 14 (orange) and MA 28 (violet). For more accuracy, you should use CCI or MACD, but in this case I will not talk about them, since you will see for yourself that you can do without them.
First you need to find the breakdown of MA 14 from top to bottom of MA 28, or from bottom to top of MA 28. In this example, I will show the breakdown of MA 14 from top to bottom of MA 28 (SHORT).
Left entrance
MA 14 broke through MA 28, now you need to find the entry point to the short, the stop is placed above the previous high. TPs are ranked by support level.
In this case, four TPs were obtained and all four points were taken.
Then a corridor was formed between MAs
SL is set above the previous high, TP in terms of support.
Important: Only on the corridor, I turn on the 15-minute time frame, for the most effective entry point, but you can work with 5 minutes. (as you prefer).
For LONG, the situation is exactly the same, just the opposite, if it is interesting (write in the comments) and I will show such a situation.
Details about the corridor
Corridor between MA - this is a fairly large distance between MAs to which the price will definitely come.
The only interesting thing is the movement inside the corridor. It can be seen that the downtrend and MA 28 (violet) are higher than MA 14 (orange), and they are both above the graph and moving down.
When the price comes into the corridor, I switch to the 15 minute time frame and look for an entry point there. Since there you can see different patterns, levels, price action.
Since the trend is downward, you need to work in SHORT.
Once you have found the entry point and entered the short, you immediately need to go to the 1 hour time frame. Here you already need to look at the maximum near price and put the SL above it, and set the TP according to the levels.
The strategy is to use MA 14 (orange) and MA 28 (violet). For more accuracy, you should use CCI or MACD, but in this case I will not talk about them, since you will see for yourself that you can do without them.
First you need to find the breakdown of MA 14 from top to bottom of MA 28, or from bottom to top of MA 28. In this example, I will show the breakdown of MA 14 from top to bottom of MA 28 (SHORT).
Left entrance
MA 14 broke through MA 28, now you need to find the entry point to the short, the stop is placed above the previous high. TPs are ranked by support level.
In this case, four TPs were obtained and all four points were taken.
Then a corridor was formed between MAs
SL is set above the previous high, TP in terms of support.
Important: Only on the corridor, I turn on the 15-minute time frame, for the most effective entry point, but you can work with 5 minutes. (as you prefer).
For LONG, the situation is exactly the same, just the opposite, if it is interesting (write in the comments) and I will show such a situation.
Details about the corridor
Corridor between MA - this is a fairly large distance between MAs to which the price will definitely come.
The only interesting thing is the movement inside the corridor. It can be seen that the downtrend and MA 28 (violet) are higher than MA 14 (orange), and they are both above the graph and moving down.
When the price comes into the corridor, I switch to the 15 minute time frame and look for an entry point there. Since there you can see different patterns, levels, price action.
Since the trend is downward, you need to work in SHORT.
Once you have found the entry point and entered the short, you immediately need to go to the 1 hour time frame. Here you already need to look at the maximum near price and put the SL above it, and set the TP according to the levels.
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