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Let’s reach 600 “
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1. Form Fibonacci levels from the local minimum to the local maximum.
2. We wait for a price pullback to the level of 0.618
3. When price crosses/touches this level, we should see price divergence with the Money Flow Index (MFI) indicator. This is a powerful confirmation.
4. Open a LONG position.
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Let’s reach 600 “
P.S. we have reached the 600 fire emoji and even more, will post next free analytic tomorrow!
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Let’s reach 600 “
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1. We observe the accumulation of volume. Flat price movement with clear upper and lower boundaries.
2. We wait for the price to break out one of the boundaries. In this example, the price has broken through the upper one.
3. Do not rush to open a LONG position, as you may encounter a fake breakout.
4. As soon as the price has moved up several candles, we wait for the CCI indicator (Length 20) to cross the -100 level from top to bottom.
5. Open a LONG position.
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Let’s reach 600 “
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1. We observe a bullish impulse.
2. A support level is formed at the beginning of this impulse.
3. Wait for the price to roll back to the support level.
4. RSI (14) should cross the level 30 from top to bottom when the price touches the support level.
5. Open a LONG position.
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