EOS / BitcoinViés de alta
EOS/BTC Sitting at support, awaiting clearance for lift off
Looks like we made an SFP and are now sitting inside the optimal fib retracement a bit lower than I would've liked but this seems like a good pivot support + 1H breaker confluence.
For better odds in this trade, wait for a break in the market structure on lower timeframe and enter on retrace.
Around 3.8 R/R as it stands now, not bad.
-Bullish breaker - an orderblock (a green or red candle, in this case green) that preceded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
-SFP - Swing failure pattern - a candle formation where the price takes out a previous swing high or low, but returns under/above it before locking the candle. Under the right circumstances it can signal a reversal.
Original idea by Svarog https://www.tradingview.com/chart/EOSBTC/UUQUorU9-EOS-BTC-Sitting-at-support-awaiting-clearance-for-lift-off/
For better odds in this trade, wait for a break in the market structure on lower timeframe and enter on retrace.
Around 3.8 R/R as it stands now, not bad.
-Bullish breaker - an orderblock (a green or red candle, in this case green) that preceded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
-SFP - Swing failure pattern - a candle formation where the price takes out a previous swing high or low, but returns under/above it before locking the candle. Under the right circumstances it can signal a reversal.
Original idea by Svarog https://www.tradingview.com/chart/EOSBTC/UUQUorU9-EOS-BTC-Sitting-at-support-awaiting-clearance-for-lift-off/
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.