4h
Bearish Bat PatternAlthough I am not as much a fan of harmonic patterns as when I first began trading this pattern appears to meet the criteria perfectly.
Through back testing I have found the Bat pattern to have a success rate of 62%, I would consider this a medium to high probability trade and as such will be committing a maximum of 5% capital to this trade.
Entry: 1.18847
Stop: 1.19090
TP1: 1.18361
Should the pattern reach TP1 I will close 50% of my position, the remaining 50% will then be risk free. I will post TP2 in the comments should the pattern be successful.
ETHBTC look for a new impulse 🦐The market after the sharp move has been retracing and now price is just below a 4h structure.
If the market will break and close the candle above we can set a nice long order according with our strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
The line in the sandPRICE HAS REACHED A CRITICAL LEVEL!
The Bears need an injection of new shorts to continue the bear trend from the Financial crises of 2008.
The Bulls require an injection of new longs to counter the renewed bearish sentiment.
Moving to lower time frames, Price Action begins to show the significance of this level.
GVTBTC has been a nice daily breakoutGVTBTC has been a nice daily breakout ad you can see on left chart.
On the right chat with 4h timeframe, it creates a nice support (yellow rectangle).
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
STEEMBTC nice 4h breakout 🦐The price broke dynamic trendline and now is testing the previous resistance, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.