Hi friends, I hope y'all having a profitable week ;)
Today, we've got two long-term trade signals. Last week, we anticipated a medium-term trade signal but it was dis-confirmed, to triggering the current signal. This signal can also be dis-confirmed, as the market is uncertain, it needs a probabilistic view in order to engage with it flexibly. Lets take a look at how the bulls and bears might behave in triggering and dis-confirming our trades.
Bulls: -The price will bullish rally for the double bottoms L1, L2, and L3 together for all the m.a's trend - probably after it has bullish broke and retested the Daily Half a Bat Neckline 4 either on the current or lower time frame (1st signal) to bullish breaking and retesting the 5th Weekly Key Lvl (2nd signal). I call these two signals a Double Bottom A-E.2 signal.
Bears: -The price will dis-confirm both trades - probably after it has formed a mini bearish reversal pattern that will lead the price to bearish break and close/retest the Weekly Neckline 4 and short-term m.a's (dark blue and red).
That's it. I hope you found value in this. If you have a different perspective, feel free to share it in the comments section. I'd love to know your thoughts!
Stay Blessed,
Doji-2K1
Today, we've got two long-term trade signals. Last week, we anticipated a medium-term trade signal but it was dis-confirmed, to triggering the current signal. This signal can also be dis-confirmed, as the market is uncertain, it needs a probabilistic view in order to engage with it flexibly. Lets take a look at how the bulls and bears might behave in triggering and dis-confirming our trades.
Bulls: -The price will bullish rally for the double bottoms L1, L2, and L3 together for all the m.a's trend - probably after it has bullish broke and retested the Daily Half a Bat Neckline 4 either on the current or lower time frame (1st signal) to bullish breaking and retesting the 5th Weekly Key Lvl (2nd signal). I call these two signals a Double Bottom A-E.2 signal.
Bears: -The price will dis-confirm both trades - probably after it has formed a mini bearish reversal pattern that will lead the price to bearish break and close/retest the Weekly Neckline 4 and short-term m.a's (dark blue and red).
That's it. I hope you found value in this. If you have a different perspective, feel free to share it in the comments section. I'd love to know your thoughts!
Stay Blessed,
Doji-2K1