pacifiedRice75213

pacifiedRice75213 Updated 

1. Bearish pin bar sign of trend inversion 2. strong support and the same scenario of the past so there is a high probability of the same result on the support 3. under the price on the RSI 4. XABCD pattern The money risked is low for a high reward.

pacifiedRice75213

In this analysis, I traded with my basic price action strategy taking a position on breaks out of the ranges. Here we have a break out of the range on the downfall, so I took a seller position. Also, the price is under the Moving Averages of 60 and 200 which favors the downward position. Lastly, when we apply the Fibonacci tool we can see that the price is on...

pacifiedRice75213 Updated 

Take position in the sense of the trend. Fibonacci correction of the price in 0.618 ZONE correction as a pullback on the resistance Doji candle as a downtrend Trend sense MA 50 as a support on the same blue support to consolidate the structure with a sort of a double support

pacifiedRice75213

Set Take profit on the size of the last range starting at the breakout.

pacifiedRice75213

Here we're waiting to take a position I think that the price will break the resistance, pull back to say in the range, and follow the trend. If it doesn't do so now in this case, it will later. plus we have THE AM 50 as a support under the price and the AM 200 that the price would brake if it wanted to go down. Lastly, we don't have any divergence in the RCI.

pacifiedRice75213

FORGOT to post this one before, closed 50% of it at 1.52243, and sold the rest at TP.

pacifiedRice75213

Here I took the trade for 3 reasons, 1 XABCD PATTERN 2 FIBONACCI level 0.618 is at the same level as strong support marked in purple on my chart which is where I set my take profit 3 the price was reaching the point D (the highest one) on the resistance of the descending channel existing since December. 4 RSI shows that the price is running out of steam,...

pacifiedRice75213 Updated 

I take my position when the price break the neckline of the pattern with my stop loss at the right shoulder and my take profit is a little bit higher than the difference between the head and neckline reported to the level of the breakout of the neckline ( I hope it makes sense haha). Moreover, the anticipated difference stops at the support.

pacifiedRice75213 Updated 

2 Scenarios, either breakout on the upside or downside and we take a position at the pullback with a take-profit on the resistance or support

pacifiedRice75213 Updated 

Here we can see a cup and handle chart pattern, 1 starting from low 2 follow the cross 3 create a descending channel at the end before (4) breaking the resistance.

pacifiedRice75213 Updated 

fund analysis based on the resistance, the price has a resistance above his head on which it has already bounced on for a 3rd point. The price broke the middle resistance he has always been loyal to. Finally, we set TP on nearby support, we're already at break even, so I'll see and tell you guys if I set a TP2 or if I stop and take another position.

pacifiedRice75213

I didn't have the time to post it earlier but have a look

pacifiedRice75213

The reason I took the trade I simple, there are 4 reasons First of all, I was waiting to see the breakout of the price and now we can see a descending channel with a downside breakout and a pullback. Second of all, The price broke the massive support of 1985 which means the price will struggle to break it again as resistance. The probability of the price going...

pacifiedRice75213

4 signs of going up 1 price break the range and step for a pull back on a big resistance 2 BTCUSDT reacts really good to patterns which means the probability here to be the case again is high 3 Short terms individuals range made by indicator show signs of a big break and the rise of decision has now 3 floors under it 4 price is sensitive between 0.5 and 0.7+ on...