. MIOTA/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
. There is a possibility of temporary retracement to suggested support zone (0.00133 to 0.00123). if so, traders can set orders based on Price Action...
Resistance is seen at 32140 - 32180. Sustaining it will make the price to move towards 32260, 32420, 32640, 32920 and 33100. Bearish below 31980 for the targets 31860, 31720, 31540, 31400, 31180 and 30900.
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 12 times.
Important news is out, Gold has been consolidating in a narrow range for some time.
Forming a triangular pattern on daily charts with RSI turning positive.
I believe, traders can trade in the direction of breach of this triangle, sound chances of relaiming 1500+ USD, if it exceeds 1484.
Always one should have their trading system as simple as possible here are the proven simple system which works in all time frames...
I have been testing this simple trading system with these indicators for 100% profits every day.
Enjoy the profits.
Bhel Looks Portfolio Stock Because
• Positive Divergence (RSI)
• Timing wise already consumed 12 years which is more than 7-8 years rally from bottoms of 11 to 390-400 zone going into 2007-2008 Financial Crisis Period
• Key Reversal Candle from lows of 40’s is confirmed recently.
Short term Trading Strategy
Plan A -
Buy above 61 for 77-80 Target zone
Plan B –
Leavitt Projection, Convolution, & Acceleration by Cryptorhythms
Bringing you another open source Gem this time from the January 2020 Issue of TASC.
In the article in the Oct 2019 TASC issue titled "An interplanetary marriage" author Jay Leavitt describes the evolution process required in strategy design by introducing his Mars strategy. This...
Simple strategy for the indicator "Death To The Bear".
- Entry according to the selected weapons.
- Take profit 1 (TP1) in% of daily ATR (can be set, default 20%)
- Active Stop in Breakeven when I take profit in TP1.
- Take profit 2 (TP1) in% of daily ATR (can be set, default 30%)...
Hot off the press, I present this next generation "Leavitt Convolutions Multicator" employing PSv4.0, originally formulated by Jay Leavitt, Ph.D. for TASC - January 2020 Traders Tips. Basically it's an all-in-one combination of three Leavitt indicators. This triplet indicator, being less than a 60 line implementation at initial release, is a heavily modified...
It has a weekly as well as daily resistance at 420 from where it has reacted. Unless it manages a close above it there is strong possibility it might retest support at 390-380 to confirm a higher low. Sustaining above 420 (on closing basis) could take it to 475