D1, H4, and H1 are all showing the overall uptrend is still intact.
Currently in H1, price reaches previous high around resistance area 0.76259-0.76315.
Trade Plan 1:
If price pull back to previous resistance area turns to support 0.75594-0.75666 and rejected up, long the market.
With Stop Loss 18 pips and Target Profit 44 pips, the potential trade offers 2.44...
D1, H4, and H1 are all showing the overall trend is still up with price holding up above MA200.
In H1, after rejected from major D1 resistance area 0.72985-0.73337, price coming back down to major H1 support area 0.71856-0.71913 and then bounced.
Trade Plan 1:
If price pull backs to the nearest support area 0.72234-0.72294 or Fibo Ret 50% and rejected up, can...
D1, H4, and H1 are all showing the overall trend is still down with price hold below MA200.
However, in D1, price is rejected up from major D1 support area 1.31883-1.32497.
Currently in H1, price moving sideways after bouncing up from this support area and forming Bullish Flag Pattern.
If price breaks up this flag, can consider to long the market to follow the...
H4 and H1 are both shows the overall trend is up with price breaks up resistance area turns to support 0.72209-0.72275.
If price pull back to this area and rejected up, long the market.
With Stop Loss 35 pips and Target Profit 70 pips, the potential trade offers 2.00 Risk-To-Reward Ratio.
Notes to be concerned, in D1, price reached major down trendline (black...
D1 and H4 are both show the overall trend is still down with price is hold below MA200.
Currently in H4, price is bouncing up from 3 days low and moves to previous support area turns to resistance 1.27652-1.27821.
If price continue bounce back to this area and rejected down, short the market to follow the overall downtrend.
With Stop Loss 44 pips and Target...
D1 still shows the overall trend is up.
However, for the last 1 month, price is moving sideways within range 122.932-125.816.
As we can see, price already formed 3 highs on the top of the range with the 3rd High is weaker then previous 2 highs.
Currently, price is hold around the bottom of the range and seems like building some momentum.
If price breaks down...
D1, H4, and H1 are all confirming the overall down trend with price is below MA200.
Currently, price is moving sideways at the bottom for the last 20 hours.
If price bounce back to previous support area turns to resistance 1.27040-1.27220 and rejected down, short the market.
With Stop Loss 25 pips and Target Profit 62 pips, the potential trade offers 2.48...
D1 and H4 are both shows the overall trend is still down with price holding below MA200.
Currently, price bouncing back to previous support area turns to resistance 0.97037-0.97200 and rejected down.
However, in H1, price breaks up its MA200 since the last 24 hours and still holding up slightly above it.
If price continue moving down a little bit more to...
D1 and H4 are both shows the overall trend is still down with price holding below MA200.
Currently, price bouncing back to previous support area turns to resistance 0.97037-0.97200 and rejected down.
Missed a little bit below planned entry area from previous Trade Plan.
Wait for another bounce back up to entry area and rejected down, before short the...
D1 and H4 shows the overall major trend is still up with price is holding up above its MA200.
However, in H1, currently price is moving down below previous support area turns to resistance 1.12000-1.12122 and also below MA200.
Trade Plan 1:
For the last 30 hours, price start to moving within a Falling Price Channel and currently bounces up near its upper...
Overall trend in D1 and H1 are both still down with price holding below MA200.
Currently, the last swing is overall up with price bouncing back up to resistance area 110.663-110.877 and rejected down, but still hold above nearest up trendline.
Trade Plan 1:
If price bounce back to this area and rejected down again (even better if it confirmed with false-break...
Overall trend in D1 and H1 are both up with price holding up above MA200 and major D1 support area 0.75120-0.75221.
Trade Plan 1:
If price pull back to the confluence of support area around psychological level 0.75000, long the market.
With Stop Loss 25 pips and Target Profit 55 pips, the potential trade offers 2.20 Risk-To-Reward Ratio.
As a second target,...
This isn't a trade system that I've used, but one that I'm planning to experiment with after getting decent results with limited back-testing on only Bitcoin (thus, I'd probably only use it on Bitcoin, for the moment).
Pretty simple rules, but it seems to be an effective profit-grabber with decent success rate.
What do you think?
