Range Rider is my special script which identifies the prevailing consolidations within an existing trend and provides clear breakout trades.
It simplifies the trade setup with 1:2 to 1:3 in no time, when instrument is out off the consolidation zones.
this is a simple short trade on BTCUSD with 1:3 targets. and its cleared.
Now ramping up for another setup...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (22640).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (20100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (19074).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (13601.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
Second Chance Trade Setup summary:
Profit targets=76% = {TP1= 6% + TP2= 8% + TP3= 11% + TP4= 16% + TP5= 20%}
Stop Loss =5%
Reward/Risk > 15.2 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (10004.00) again.
if so, traders can set orders based on Price Action and expect to reach short-term...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support lines. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD 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. ...
Midterm Forecast:
While the price is above the support 4966.90, resumption of the uptrend is expected.
We make sure when the resistance at 8200.00 breaks.
If the support at 4966.90 is broken, the short-term forecast -resumption of the uptrend- will be invalid.
Technical analysis:
The RSI bounced from the support #1 at 26 and it prevented the price from more...
Midterm Forecast:
. While the price is above the support 6000.00, resumption of uptrend is expected.
. We make sure when the resistance at 9774.80 breaks.
. If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
.While the RSI support #1 at 30 is not broken, the probability of price decrease...
Midterm forecast:
While the price is above the support 6000.00, resumption of uptrend is expected.
We make sure when the resistance at 9774.80 breaks.
If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is...
