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Bill Williams Indicators

Bitcoin – eyes on this key level!Hello, everyone! Bitcoin continues sideways with the multiple short squeezes. Will it finally go to the downside to $15k or we will see the bounce? Let’s look in details! Let’s take a look at the BTCUSDT chart of the WhiteBIT exchange. I applied the Williams fractals indicator to the chart and marked the key fractal. This fractal defends the downtrend on the 4h timeframe. it’s breakout (with the obligatory candle close) will lead to local trend change to the uptrend. In case of successful breakout I anticipate also the trendline resistance breakout. It means that the huge triangle will be broken to the upside with the final target of $25k. We can see that this key level is associated with the multiple rejections to the downside. If we will see another one rejection, there is a high probability to see the trendline support breakdown with the $15 final target reaching. Now I have only the tradevestment part of deposit in Bitcoin, it’s approximately 20% with the average price $20500. The plan is following: if we will see the key level breakout I am going to open the speculative longs and close all position including this 20% at the $25k. The breakdown to the downside is more profitable for me. In this case I will buy Bitcoin below $17k for the 50% of deposit and close at $29k. Good luck!
by Skyrexio
4
EURUSD UpdateI mentioned earlier that I missed my entry this morning, but this is how my trade would be progressing. This is the "trend mode" setup to my automated strategy I'm working on, I rely on the alligator as well as a slow and fast ma with dynamic profit targets (in pips) projected below the fast average. Entry comes when price is within 20 pips of the jaw line. In short positions take profit automatically if price closes the above the fast ma or if price touches the lowest profit target. This looks like yet another 60-70 pip win, which would have made close to 200 on the week. This strategy is really promising.
by NeoDaNomad
#EURUSD it's possible to buy#EURUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance area waiting for retracement 1st support: 1.03361 Next Zone area & horizontal swing Low support 1st Resistance 1.08609 Zone area & horizontal swing high resistance
Long
by Skandhatrade
You Cannot Ignore This Signal For Market BottomHi friends hope you are well and welcome to the new update on Bitcoin. Bitcoin's history shows that, whenever it breaks down the weekly Ichimoku cloud then from between the cloud and the weekly 200 simple moving average, it starts the next mega bull run. But this time there are two major supports that are not letting Bitcoin to test the weekly 200 SMA after breaking down the Ichimoku cloud. Now another indicator is signaling a major Bitcoin bottom, while it BTC at the support of wedge.
BITSTAMP:BTCUSDLong
by moon333
Short CAT @ 205.53 Fractal BreakoutCAT crossed downward the last daily fractal of 202 on may 10. One day after, there is still a red zone bar, bearish divergent that provides an improved opportunity to enter. Williams theory dictates that a Blue Light special would be entered after crossing the las lowest low, this would mean tomorrow (may 12) crossing below 203. 59 (todays low). Im shorting today however, at 205.53. First confirmation would be crossing below 203.59 and then below 202 again. Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.
NYSE:CATShort
by ownsov
Long HOG above 40.87HOG just broke the latest daily fractal of 39.14 to the upside. Entry 1 above this price. Adding 5 when and if price goes above the weekly fractal of 40.87. Remember that the Alligator tells us when to enter and exit. Stop loss is the Alligator's Teeth (red line). It is also the last exit point when the trend ends. First exit may be the lowest low of the fifth consecutive green bar (zone bar). Chart shows only last short position, which was closed and reversed to the upside.
NYSE:HOGLong
by ownsov