hiteshbhatia3559

hiteshbhatia3559 Updated 

Premise: 1. The 0.382 will be tested 2. The Beardiv will confirm around the 0.382 Execution: 1. Single entry : 118 2. Stop : 119.5 (0.5% of capital risk) 3. Target: 108.2 (3.19% reward to capital risk) Result: 1. A 6.38:1 RR trade is completed

hiteshbhatia3559 Updated 

Paper Trade. Just trying forex out. Trade 1 (Trend Following): 1. Short: 108.760 2. Stop: 109.473 3. Target: 107.341 4. RR: 1.63 (Risking 0.5% of capital for 0.815% reward) Trade 2 (Expectation of Trend Reversal following a high volume candle into a larger timeframe retrace) 1. Long: 107.341 2. Stop: 106.756 3. Target: 111.141 4. RR: 6.44 (Risking 0.5% of...

hiteshbhatia3559 Updated 

Note - my entry is 4000, I am already in this trade. Premise: 1. The Bearish Divergence will close as it is, and then play out over the weekend 2. The Price will not break fib structure here Execution: 1. Single entry : 4000 (1x short hedge only, will double down later if need be) 2. Stop : 4289 3. Target 3128 Result: 1. A 3.61:1 RR trade is completed

hiteshbhatia3559 Updated 

Premise: 1. A bearish divergence will form inside the OTE range Execution : Short: 3759-3790 (scale in) Stop : 3814 Target : 3658 and lower Leverage : 2x cross, close half at 3658 let the rest ride Result: A 5.54:1 trade is performed

hiteshbhatia3559 Updated 

Not placing orders, need completion of the premise. If the premise completes, I will place orders. Premise: 1. The price will retrace to the OTE while simultaneously showing a bearish divergence on the 30min SRSI and RSI, 2. This will coincide with the 4hr SRSI going overbought for the third time and showing a beardiv on the 4hr RSI Execution: 1. Single order at...

hiteshbhatia3559 Updated 

Buying 1 BTC fiat here. Two factors. 1. Weekly 200MA support 2. RSI at the same level it was at the 2014 bottom Stop is at 2500.

hiteshbhatia3559

Self reference

hiteshbhatia3559

Hindsight trade. Price retraced to 0.618 level, extension is pointing at 2950 level. Possibility of a bear flag at this level.

hiteshbhatia3559 Updated 

Will update once div confirms.

hiteshbhatia3559 Updated 

What gives?

hiteshbhatia3559 Updated 

Entry: 3703 Target: 3937 Stop: 3624 RR: 2.8:1 Cross Leverage: 0.3x

hiteshbhatia3559 Updated 

Premise: 1. The price will enter the OTE with lower volume than the rally on the local bottom 2. Lower timeframes will indicate possible weakness and distribution 3. A Hidden Bearish Divergence will thus form on H4, hence completing this checklist Execution: 1. Short scale 1:2 at 4114 and 4158 respectively, 2x cross 2. Stop Cluster at 4275 3. Target 1 : 3819 4....

hiteshbhatia3559

Meow.

hiteshbhatia3559 Updated 

Premise: 1. The 4hr Hidden Bearish Divergence will cross at a possible sign of weakness (some sort of distribution/reversal pattern on lower timeframes) on the SRSI. The RSI beardiv is confirmed. 2. The OTE will be where this Bearish Divergence crosses 3. The former support during the trade will get cut through - if the 4hr recrosses backward into positive...

hiteshbhatia3559 Updated 

Seems likely. Also possible to see multiple Tests of Support between 4054-4165. A retest of resistance and low selling volume may reflect an early Sign of Strength above the Trading Range. Observing for now, unconfirmed pattern.

hiteshbhatia3559 Updated 

Taking this trade. Stop at 3440, target 4300. Clear Regular Bullish Divergence.

hiteshbhatia3559 Updated 

Classifying divergences here, this is to act as a backtest. This is a Regular Bullish Divergence (Lower low on price, higher low on Oscillators).

hiteshbhatia3559 Updated 

Marked as per standard Wyckoff Distribution schematic 1. Only marking to see if it works out in the future. I am currently short from 4438 with an entry stop. Potential problems: 1. Very low resolution(time frame) 2. Unclear SOW, possible multiple candles instead of clear bounce Biases: 1. Currently net short