Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Komen
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Following on from the potential anticipated scenarios.. you should be able to see what path we've chosen... we broke up a bearish signal.. So that's this option : And that's not one of the options I wanted to trade.. So I stay out and wait... We're in the dumb zone.. So trading here is 50-50... place your bets if you want to.. but that's not trading !
Komen
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Hope you didnt trade the DUMB ZONE prices... those who did are probably already regretting it... Anyway we're back in the range's bottom.. here's the update scenario... Still waiting for the trades that I'm ready to take. Either a bullish signal in the blue support area... or a bearish breakout trade.
Dagangan aktif
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5m signal in the expected area... this one will need to have a confirmation on H1 timeframe but I'm taking it.. LOW LEVERAGE.. and this must only be traded by experienced traders.. This is counter trend trading, inside a range.. So that's double risk... Leverage is absolutely forbidden and as said.. beginners should no take this..
Don't usually write comments but this is well-deserved. You're grounded, logical, articulate, clear, concise and educational information is very helpful. Have also registered for your wait-list. This quality of content seems rare here - hope to become a member and would remain long-term if so.
PRO_Indicators
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@CryptoLemmings, Thanks this is much appreciated, even more if you don't generally post this kind of comment abroad
CredibleCrypto
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Just to clarify and make sure I am understanding this correctly, if we slip below your bottom blue portion at around $8900-$9000 levels this means we are most likely (90% chance as you say) headed lower?
PRO_Indicators
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@MHIRANI, I think so yess.. But I don't think the market will go there.. and what is happening right now tends to confirm that we're more likely heading toward the upper range area.
Clueless13
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Was that a stupid question. In your video you gave the reversal range between 8800 -9200. It reversed in the range and only the candle wick went as far 8742, hence the question.
neoluminous
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@Clueless13, the trade window in reference is the long window. However it should be traded with caution. (this is my interpretation of the original video)
neoluminous
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@Clueless13, he added we need the h1 confirmation.
PRO_Indicators
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@Clueless13, the market can make wick beyond the price areas, that can be tolerated to me !
cpkdr
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Thank you for the update!
trebuchet
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Over 10,000 views on this... I wonder.... Did you just move the market?