alexpatootie

alexpatootie

Buying in the Consolidation Area in 15 min. My Entry Level has been tested 2x. I entered its 3rd re-test using a valid Engulfing Candlestick.

alexpatootie

Key points. Regular Divergence and Double bottom in 1hr just appeared.

alexpatootie

Keypoints: 1. There is a regular divergence in the rsi. 2. There's a bearish candle that got out of the trendline. TP/SL is 1.4 ratio to 2.

alexpatootie

Keypoints: 1. There is an engulfing in the valid trendline 2. This Engulfing is below the 30 in RSI which makes the entry more stronger.

alexpatootie

Watch out for possible head and shoulder in 4hr timeframe of BTCUSD. A downtrend is coming!! Goodluck everyone.

alexpatootie

Keypoints: 1. There's a Valid Regular Divergence in 1HR Chart 2. An Engulfing candle outside of the trendline.

alexpatootie Updated 

Key Points. 1. 1st Bottom RSI is below 30 2. Neckline is higher than the 1st bottom. 3. Bearish candle wicked touched the bottom area first 4. Bullish Candle created 5. 2nd Bottom RSI is above 30 6. RSI has regular divergence.

alexpatootie

So my analysis earlier is getting real now. Let's just wait for this 1Hr candle to close as Engulfing then take a chance to enter for buying with 2 ratio.

alexpatootie

Keypoints: 1. RSI of both Head and 1st Shoulder is below 30 2. There is a regular divergence in the RSI. 3. Possible Two bottoms in 1Hr earlier did not respect the candle. Wait for these ff: 1. 2nd shoulder must retest in the Shoulder Area. IF NOT, SHOULDER SHOULDN'T be lower or to be in the same level of your head. 2. Engulfing candle in the Shoulder...

alexpatootie

A valid Double Bottom in 1H time frame. Keypoints: 1. RSI Created a Regular Divergence (which is a sign of reversal) 2. Created a 2nd Bottom in the same level of 1st bottom

alexpatootie

The explanation of my entry is written in the chart. I depend on my stop loss using ATR with a 1.4 risk ratio.