DFT H4 mapping - Print Tethers won't be BTC Chloroquine
Mapping the price in H4:
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:
Too many gaps in the supply/demand mapping => It's a good R/R for traders as these gaps will generate huge down momentum and probably push the drop futher down.
I wouldn't target the demand clouds as the momentum will wipe it off but directly the static support.
Gl
Don't forget the big picture:
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:
Too many gaps in the supply/demand mapping => It's a good R/R for traders as these gaps will generate huge down momentum and probably push the drop futher down.
I wouldn't target the demand clouds as the momentum will wipe it off but directly the static support.
Gl
Don't forget the big picture:
Comment:
First target touché.