XLM - Immediate group of timeframes tells me to short
Hi, iJustCoiners!
In this video i am covering my method to detect a potential top or bottom using White Energy.
I am also showing you a potential for the price action to go down at the short-term and immediate groups of timeframes.
If i picked the RIGHT momentum my short will hit these price areas:
- $0.23XXX
- $0.21XXX
That's where i placed my take profits. Will see how this will play out.
Click like, leave a comment a push that damn subscribe button!
Good luck!
Bye-bye!
In this video i am covering my method to detect a potential top or bottom using White Energy.
I am also showing you a potential for the price action to go down at the short-term and immediate groups of timeframes.
If i picked the RIGHT momentum my short will hit these price areas:
- $0.23XXX
- $0.21XXX
That's where i placed my take profits. Will see how this will play out.
Click like, leave a comment a push that damn subscribe button!
Good luck!
Bye-bye!
Nota
We have downward pressure rave between 1H and 2HI pointed it on the chart with the purple circles on Phoenix indicator
If we see 2H Red RSI closed below 50 before 1H WE will run up above level 50 - that means downward pressure should continue, at least untill WE on the 2H will come up near to level 50
s3.tradingview.com/snapshots/4/4UibUYKj.png
Nota
Nota
2 more hours before this 2H candle closed with Red RSI below 50Nota
That's quite a move up. Is it to spook shorts? Or is it a reversal? If this is to spook shorts - it's the moment to ADD UP to your short.If this a reversal you should know when to close your trade.
We have 30M vs 1H Upward Pressure Race / Green Circles
2H vs 4H Dowward Pressure Race / Purple Circles
Dagangan ditutup secara manual
I didn't like the move up wich ocured. I'd better wait for another opportunity rather than risk my capital. Will have to watch 30M, 1H, 90M, 2H upward pressure races to catch another moment of weaknessNota
XLM has its 1D and 12H White Energy at the very top. If this 90M will close below level 50 at 3:00 that likely will mean that we will have 3H,6H to reverse as well, so they might drag down the 12H and 1D. That's the bearish outlook. In other hand we have 90M going UP, which will give power to 3H to continue going uom to the upside move can continue. Currect situation is very complicated for those who didn't buy buy the very bottom
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.