Conformations
1.) In an uptrend on the daily (Ideally looking for the buy setup here) *This pair is creating a lower high
2.) Break retest
3.) Fork line touch
***Extra confirmation:
Lazy Money V2
NOTE: Price could fail at this level if it produces a lower low (Shift in momentum) we will look for a short opportunity
Looking for a short position at the 109.000 - 109.020 Price range
Conformations:
1.) Fork Level
2.) EMA
3.) Downtrend on the 4 HR (Looking for a short opportunity until a shift in momentum.)
4.) .618 Fib Retracement
***Extra conformations:
*Lazy Money V2
*QRLVL
Would like to see a break and retest of the middle fork line for the short opportunity as it seems to be creating a lower low at this point in time on the 4 hr chart
Conformations:
1.) Break retest
2.) Fork touch (IF price breaks the middle line and closes bellow we have an 80% chance of it falling to the bottom fork line.)
3.) Lazy Money V2
***I have drawn out...
Conformations:
1.) Teacup entry or break and retest
2.) Lazy Money
3.) Fork Touch
***On the daily this pair is on a downtrend. (looking for a short opportunity)
I believe that we are going to see this upswing as the first exstention I'm waiting to see this pair find its ceiling at its previous floor on the 4HR Chart. I'm going to trade the short to the .618 retrcement with a 20-20 pip SL
This is starting to look nice and bulish there is 7 blocks being boght rite now and has set up on the lower time frame for that perfect entry
this is starting to look like a nice position as everything starts to turn notice how the first conformation of the bands pinched and made its move downwards
BTC/USD is now approaching the top of the bands
RSI: is not quite there yet but will be once the candles cross outside the bands on the 30min
Stotch: is starting to line up for the cross
MACD: starting to aline also
Looking at a possible 300-400 pip move
*** This could consolidate as a swing to the last low of 6000 when BTC last saw the most volume in...
This entry is about 100pip SL and 240 pip TP I'm looking to get into a short position on these rules that I have created averaging about 500 pips a week after losses some better some are a little worse but overall this strategy has been keeping up.
