Hi Traders,
I'm looking at BTC today on the 4-hour time frame.
We don’t know if the bottom is in yet for this recent capitulation but that’s not my problem to solve.
I only trade what the charts show me. If a setup presents itself and fits into my list of rules and criteria, then I will jump into a position.
I'm noticing a potential head and shoulders pattern.
We have full divergence on the MACD
What I would like to see is the price close above the neck zone impulsively with substantial bullish volume to accompany that move.
I would then look for low bearish volume on a retrace down to the neck zone.
Once the price retraces deep into the neck zone, I would open up a long position
My target would be the 23.5k level
Trade safe out there!
The Vortex Trader
I'm looking at BTC today on the 4-hour time frame.
We don’t know if the bottom is in yet for this recent capitulation but that’s not my problem to solve.
I only trade what the charts show me. If a setup presents itself and fits into my list of rules and criteria, then I will jump into a position.
I'm noticing a potential head and shoulders pattern.
We have full divergence on the MACD
What I would like to see is the price close above the neck zone impulsively with substantial bullish volume to accompany that move.
I would then look for low bearish volume on a retrace down to the neck zone.
Once the price retraces deep into the neck zone, I would open up a long position
My target would be the 23.5k level
Trade safe out there!
The Vortex Trader
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.