SupersafeTrader

SupersafeTrader

As the price is approaching Fib level 0.786 (172.498), it will retrace to some degree, so we could prepare to short. In the past, price reacted at 0.382 (154.474), 0.5 (159.739) and 0.618 (165.003). Limit Price: 165.0 (-7.5). Stop Price (+1 ATR): 177.1 (+4.6). Reward/Risk: 7.5/4.6 = 1.6.

SupersafeTrader

Hi supporters A Cypher Bearish pattern is forming in timeframe 1M (X: Dec 2014, 94.049; A: Jun 2016, 69.232; B: Jul 2017, 83.910; C: Mar 2020, 59.490; D: Nov 2022, 87.456). If bearish Fibonacci traders dominate the market, we could find short opportunities in coming months. Cypher Bearish structures have appeared two times in Apr 2022 and Jun 2022. Stop Losses:...

SupersafeTrader Updated 

Hi friends and fans of Fibonacci As the price comes to Fib level (1.618, 445.309), it will retrace to some degree, so we could prepare to short. In the past, price retraced at D1 (0.786, 342.943) and D2 (1, 369.273). Stop Loss: 450.100 Entry D3: 445.309 Target E1: 411.589 Target E2: 387.306 Target E3: 367.680 Target E4: 348.054 Remark : We will update the...

SupersafeTrader

The default parameters in Master/Last Candle (MLC) indicator are used for the standard timeframe 1D. Due to the difference in nature between bars of intraday timeframes and bars of day-and-above timeframes, some settings could be changed as below to make the indicator tailored to your case. • Increase default Max Volume Drop % from 25 to 30. We have seen a case...