MariusStanescu

MariusStanescu

Confirmation SELL signals from indicators: 1. Renko - new red brick is forming 2. Triangle pattern - double bias interpretation 3. Historical resistance levels at 1,540 and 1,535. IF these levels are holding, than will be the best scenario. 4. IF this will be a False break, than SELL scenario gets a plus. 5. IF Support line broken, than again a plus for SELL...

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There is a major difference between Volume Profile and Market Profile indicators, and so many beginner traders are confused with it, so i have decided to create this educational post, with the purpose of clarifying this. Similarities between Market Profile and Volume Profile - Both indicators will have their calculation based on the time axis and price axis,...

MariusStanescu

There are some general rules you need to understand, for all scenarios involving chart patterns. And this is because they don't form all the time as the books describe, and you need to think outside the box, and look inside the patterns. 1. At any given price level in the market, there will always be people thinking that the price is good to sell or buy. You can...

MariusStanescu Updated 

You can see from the delta indicator that the buyers volume are not following the price, so it shows signs of weakness. Entry : MA cross and trend line break SL - above last high TP 2RR Don't stumble trading. Trade Safe!

MariusStanescu Updated 

Buy signals from the following indicators: Renko: bull/green brick OBV: UP Cumulative Delta: 1. Sellers are loosing strength RSI: Divergence starting Oversold. Structure: -Price at support Entry: Aggressive on support retest SL: Under lowest last candle Exit: At min 2RR Don't stumble trading. Trade Safe!

MariusStanescu Updated 

Indicators used : 1. Fib Extension 2. Renko chart 3. Cumulative Delta 4. OBV 5. RSI Signals to buy: 1. Green brick to be formed between 1,272 and 1,618 Fib extension levels 2. Rising OBV line Entry: 1. Divergence on Cumulative delta, or 2. Divergence on RSI / oversold level Note: For a better RR, entry should be closer to 1,618 Fib level. SL: 1. Price...

MariusStanescu Updated 

Indicators used : 1. Fib Extension 2. Renko chart 3. Cumulative Delta 4. OBV 5. RSI Signals to buy: 1. Green brick to be formed between 1,272 and 1,618 Fib extension levels 2. Rising OBV line Entry: 1. Divergence on Cumulative delta, or 2. Divergence on RSI / oversold level Note: For a better RR, entry should be closer to 1,618 Fib level. SL: 1. Price must...

MariusStanescu Updated 

There is a falling wedge created on 1H TF, with an RSI divergence on 4H TF. These are buying signals together with the following: Indicators used: - Renko 1H TF - OBV 1HTF - MA 9 and 24 1H TF - ATR 4H TF - RSI 4H and 1H TF - Cumulative Delta 1H TF - Fib extension 4H TF Entry Signals: 1. and 2. Divergence created on RSI at 1.272 and 1.618 3. OBV moving up ...

MariusStanescu Updated 

Confirmation for buy: 1, Green Renko Brick 2, OBV UP 3, RSI divergence 4, MA cross Entry: Pending oreder at 0,5670 Exit : SL 1.5 times ATR H4 TP 3RR Don't stumble tading. Trade Safe!

MariusStanescu

There is a bearish triangle forming on Daily chart, but even though every chart pattern can be invalidated at any point, I have many reasons to believe that this is going to behave as its meant to, a trend continuation pattern, or in our case, a bearish triangle. Reasons to be bearish: 1. World economy. We are living unprecedented historical moments, and BTC as...

MariusStanescu Updated 

Confirmations sinals for SELL : 1, Renko brik red 2, OBV down 3, Trend line broken 4, Div RSI 5, MA crossover Entry: Pending order at 1,368 Exit: SL 1,5 4h ATR TP 3RR Don't stumble trading. Trade Safe!

MariusStanescu

I need to apologize first for my bad drawings, but the idea and the concept that sits behind them are more important for you to understand. Please take your time and follow every step. When doing that, please think that YOU, AS THE READER OF THIS POST, are a whale, holding 1% of the total coin supply. This is very important in order to understand the fundamentals...

MariusStanescu

There is no doubt that there are some financial issues worldwide, and that cryptocurrencies are not acting, yet, as a safe haven, rather it is following the market's general sentiment. What you can see from the pictures: Right side, there is the Renko chart. Preview resistance is broken, and the bricks are now under MA, confirming a downtrend in the next...

MariusStanescu

Many beginner traders are getting excited when they see their setup developing over multiple currency pairs, but their are ending up leveraging involuntarily on what I called false setups, because these setups are developing on multiple similar assets, or corelated assets. For example, in top left there is USDEUR (or mirrored EURUSD) and top right of the chart,...

MariusStanescu Updated 

If you have missed the entry on MA crossover, than you might wait for a pullback. Confirmation to buy: 1, Green Renko brick 2, OBV up 3, Price is breaking sideways channel and 1,272 FIb level 4, MA crossover was the best entry Second Entry: 1, Pending order on a possible pullback around 0,965 level Exit: SL - 1ATR size from 4H, or previous low TP - 3RR Don't...

MariusStanescu Updated 

Indicators used : 1. Fib Extension 2. Renko chart 3. Cumulative Delta 4. OBV 5. RSI Signals to buy: 1. Green brick to be formed between 1,272 and 1,618 Fib extension levels 2. Rising OBV line Entry: 1. Divergence on Cumulative delta, or 2. Divergence on RSI / oversold level Note: For a better RR, entry should be closer to 1,618 Fib level. SL: 1. Price...

MariusStanescu

I am so excited with new Tradingview data offering from INTOTHEBLOCK and DEfiLlama. I am an Intotheblock user for a while, and I am going to describe on short, some benefits that you can get from their data. Please note that the interpretation over price expectation are personal opinions, and might be different than what INTOTHEBLOCK suggest in some occasions....

MariusStanescu

There is a big probability, that if I am showing you my best trading strategy, it might not work for you. And this is not because something is wrong with my way of showing you the strategy, or your way of understanding it, but rather, it is up to each individual on how they apply what they have learned. And this is a phenomenon happening all the time with traders...