‘The Calculator’ - Analysis #17Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
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With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
MERBTC trade ideas
Bringing Back the Silent Planet as Promised!Remember the Silent Planet? I promissed to repost, and here we are!
Under 2650 was a good reentry i gess. I will wait breakout in 3000 to buy a bit more.
No music for this one, because its just a repost of the last Mercury idea... Don't cry, fellas!
TPs:
TP1 - 3240
TP2 - 3450
TP3 - 3680
TP4 - 3940
TP5 - 4200
Fibbos 23.6 (3685) and 38.2 (4830) are very possible and attractive!
Remember: this is a personal analisys, and definitely is not an advice to buy! Capital Management is highly recommended! Always DYOR!
Mask loves you all, let's get a journey to a Silent Planet together !
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren
MERBTC, Mercury Breakout from Ascending TriangleMERBTC have Good uptrend support line.
Level 05265 good resistance, as we can see on chart, price breakout from it, and now testing it as a support.
Entry now, or under 05265 level
I expect 3 targets for this trade:
Target 1: 06270
Target 2: 07511
Target 3: 11138