hi guys ive been watching a ton of smart money trading videos about liquidity and stop loss hunting . this is my explanation so far. I am in the learning process and thought I would share. COCH is short for change of character. please ask questions or drop ideas below so we can discuss. i am trying to get new views on this strategy but so far this is making the...
according to my last post i still believe we have a bit ways down . in the short term we still are over bought and failed to make new highs. we wicked above last resistance and are due to come back down. this is a scalp trade aiming for 1.5 percent profit second take profit would be at 2.5 percent
posted a in depth video to show my proccess of breaking this down. just look at my last post. created chart using fibonacci retracement and simple trend lines\ price action
first time recording a video but doing it to keep record for myself. went in depth with this one. hopefully it helps
divergence and fake out with high rsi just recording for own personal back testing
got the wick down past stop losses so now we see a rebound
this is not the breakout but avax is filled with shorts now. short term last ressitance before next liqudity zone. most likely a fake pump up to a false breakout before dumping to the real bottom. take profit at the next fib level up. Stop loss 62.14.
this is my theory about rune being in a accumulation zone. we should see a giant move down to the spring zone. which long term is the .618 fib. let me know if i need to simplify it more.
this is my theory of rune being in a accumulation stage. everything should be written out. hope you guys enjoy :)
potential morning star at the bottom of a zone. tell me what you guys think we are also at the bottom of the Bollinger band.
big liquidity zone we are in now you can see it goes back a couple weeks now. resistance turned into support. this looks like a gigantic falling wedge to me we just broke and are came back down to accumulate more. 4 hr chart i see a massvie cup and handle. low rsi and mac d finally turning white on the 1 day makes me believe we are in a re test liquidity grab...
1hr time frame huge bullish divergence right as we form a falling wedge on the .50 fib :) safe to say we can see a little pump within the next few hours.
.50 fib rejection failure to cross above last swing high. were running out of volume dont be greedy bulls its up massive amounts in the past 24 hours. we will see a pretty decent size pull back. losing liquidity at the current price.
keep things simple people... we broke the trend line thats been holding us down for months and now were re tested that blue trend line and bounced perfectlly off the .518 fib on the weekly. Low RSI as well expect 44k-45k retest here soon :)
sand has been stuck in a downtrend for quite some time now. the red zone was major support often getting a quick bounce up in the past. but that red zone has turned to resistance. its our first time touching it on the upwards side so it could be tough to get past. lots of resistance here from the larger time frame. smaller time frame has upwards channel. rsi is...
we have a falling wedge here with massive bullish divergence on the MACD and RSI. looks like we got rejected by the top fib .50 level the bottom one drawn is the .618 fib level. usually with a falling wedge in most cases you need to see 3 bounces on the bottom trend line. i believe the third will come at the .618 and we will be headed back up to break the falling wedge.
as another day ends atom refused to close a daily candle below the .618 level. Weve come back down from the bear flag on my last post and touched the bottom. so the question is are we in for a long here? a close above support on the .618 bullish divergence on the 2hr and 1hr rsi mac D is running into green and we are in a falling wedge pattern. i believe we are...
bear flag heading into 2 different resistances here also a liqudity zone. but the biggest thing of all is i believe we have a 4hr candle close below the bottom trend line of the bear flag. this is a perfect short in my opinion.