Gain 1.71% Loss 0.58% Total = 1.13% Breakout of my Channel and traded pullbacks.
for my Swing trade set up. probably wait the cycle end(E) before I go long.
Sharing you on how I traded this coin. Market Condition: Break the previous higher low Depth of pullback Rejection & Momentum Candle Respecting our Key Resistance Level 1:3 Risk Reward Ratio
A big breakout on our falling wedge pattern signifying the buyers are in control waiting to create a pullback bouncing on our key level of support.
Breaking our resistance levels & descending triangle pattern and waiting for the right pull back. bouncing on our key level of support to take the entry.
Analysis on Daily timeframe based on previous support na babalikan kung mahal pa. Still respecting our support level of 38k.
2 scenarios on this BTC chart. - Respecting our Parallel Channel and bouncing on 0.618 level. -Bullish Gartley Pattern filling the gaps on our previous key level of support.
Waiting to fill the gap on the level of 0.9419 ~ 0.9361 Gartley Pattern for reference of the trend Support Key Level TAYOR
I'm Practicing Harmonic for additional confluence on my system. Correct me If I'm wrong sa pag gamit ng harmonic hehe TAYOR please.
Waiting to retest our key level of support. Creating a Higher Low structure which going to a bullish sentiment. TAYOR
We saw now the pullback scenario, possible if this recent candle consolidate on our key level it may be possibly go bullish. but, we have a maximum discount buy key level zone. Respecting our parallel channel. don't go long for now, It may retrace a lit bit but the bias for me is correction downward.
Basic Support Key level possible entry. TP1 to secure some profits. TAYOR
After this correction on 15min/1hr TF in EWC. possible breakdown to the next key level of support. TAYOR
Practicing Elliot Correction Wave for this pull back for shorting. If you don't know how to find the pullback/retest, you can use fibb retracement bouncing on 0.5-0.618 level.
3 set up for short position and 1 long position for swing trade. layer by layer but you do the TA. Most important you plot your Key Level and Identify your market structure. Manage your risk Trading Management TAYOR
If this 4HR candle close below the previous swing support this will create a bearish trend waiting to create a pullback on our key level of resistance. Probably a 1:10 RRR
probably a Cup and Handle Pattern Wait retrace to our key level of support No other analysis for SWING Trades
Nakalimutan ko na iTA ito. Possible movement of ANC. need retest on our key level of support. wait to create divergence on lower tf (1hr) candlestick reading is a must. weakening of the trend