Parallel Channel Pattern. Waiting to react on our Resistance Key Level.
I tried this recorded live trading so that you can see how I interpret the market and how I reacted on every candles and trend forming. Possible a 1:44 Risk Reward Ratio This kind of set up is not 100%, maybe we hit SL or TP but we're in the probability game. Comment down your thoughts on my trade? Will post the updated SL or TP Hit after the trade...
As I posted yesterday, a possible breakout and a bounce play on this coin. Saw a Inverted Shampoo Bounce on 0.618 level Volume!! If did not enter the bounce wait for the another bounce on 1hr tf. possible a breakout on 52.638 and wait to return (ORAS) on this level. TAYOR. TIPS: Analyze my TA don't be FOMO and don't use this as a Signal. Learn only 1 strat and...
Ranging on the Structure lower high and lower low. (consolidation) two scenarios on this chart. 1. create a head and shoulder pattern 2. trend breakout, retest, and a breakout to another lower high than entry for the retest. Set your stop loss on the below structure of the support level. Set some low expectation profits. Don't be greedy. lol sorry for the...