DFT Daily Mapping - Neutral till weekly candle closure
Mapping the price in daily:
Some rules to understand the strategy:
- shade of red trends = primary (the black one are secondary trends)
- Redish trends is primary as medium investors are arbitring short/long term investors decisions.
Div: Trend vs demand/supply
-Ascending trends with red cloud is most likely tested twice before break up.
-Descending trends with green cloud is most likely tested twice before break up.
Conv: Trend vs demand/supply
-Ascending trends with green cloud doesn't need retest to break up.
-Descending trends with red cloud doesn't need retest to break down.
Current idea:
I m neutral till the weekly closure. If the weekly close above the weekly medium term investor trend i will consider to long till the next daily trend. For now, we are sleeping on it with a daily closure only.
The H4 chart show a stop of the price at 7.45k$ directly at the supply cloud area which mean sellers are not dead.
In my opinion we have not yet enough long term trends below the current price to secure a way up without huge dump. Therefore, the market isn't deriked yet.
Gl
Some rules to understand the strategy:
- shade of red trends = primary (the black one are secondary trends)
- Redish trends is primary as medium investors are arbitring short/long term investors decisions.
Div: Trend vs demand/supply
-Ascending trends with red cloud is most likely tested twice before break up.
-Descending trends with green cloud is most likely tested twice before break up.
Conv: Trend vs demand/supply
-Ascending trends with green cloud doesn't need retest to break up.
-Descending trends with red cloud doesn't need retest to break down.
Current idea:
I m neutral till the weekly closure. If the weekly close above the weekly medium term investor trend i will consider to long till the next daily trend. For now, we are sleeping on it with a daily closure only.
The H4 chart show a stop of the price at 7.45k$ directly at the supply cloud area which mean sellers are not dead.
In my opinion we have not yet enough long term trends below the current price to secure a way up without huge dump. Therefore, the market isn't deriked yet.
Gl
Aviso legal
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