1->2: a volitile move upward
2->5: followed by an expected controlled(ish)
downward move
5: buyers entering due to a view of price being cheap,
a lack of structure signals this might not last too long,
too much energy expension without rest
what do I think will happen?
* with this kind of volitility it's hard to say
* looking at logic we would like to enter ...
around the high of 4, expecting the sellers from 2
to be stronger, as they previously were able to push down
sellers from 1 that had a seemingly similar buy strength
* hidden divergence RSI and MFI
* oversold rsi and mfi
* we have reached the target according to zone trading,
next target would be at the high of 2 , im not sure that's
realistic, given the information we have so far
* we have a 64% success rate of reaching the next low
according to the indicator over the past 2,500 bars
* number 4 is more risky as a stop, but it is still a solid stop
2->5: followed by an expected controlled(ish)
downward move
5: buyers entering due to a view of price being cheap,
a lack of structure signals this might not last too long,
too much energy expension without rest
what do I think will happen?
* with this kind of volitility it's hard to say
* looking at logic we would like to enter ...
around the high of 4, expecting the sellers from 2
to be stronger, as they previously were able to push down
sellers from 1 that had a seemingly similar buy strength
* hidden divergence RSI and MFI
* oversold rsi and mfi
* we have reached the target according to zone trading,
next target would be at the high of 2 , im not sure that's
realistic, given the information we have so far
* we have a 64% success rate of reaching the next low
according to the indicator over the past 2,500 bars
* number 4 is more risky as a stop, but it is still a solid stop
for trading mentorship and community, message me on telegram : jacesabr_real
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.
for trading mentorship and community, message me on telegram : jacesabr_real
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.
