Let me give you guys a little bit of TA

before u guys start listening to bullshit guys talking about the bottles and stars

Number 1. Identify your trend. We are in an uptrend creating higher highs and higher lows. Especially during the period between 11 Nov till 30th Nov!

You can use your EMAs 100 to 200 and if price action is trading above it, it validates your trend. (UPTREND)

Now that you've identified your trend! Utilise your volume and especially MOMENTUM indicators to identify any possible form of divergence, be it regular or hidden divergence, this will help u establish a bias! REMEMBER U NEED TO HAVE A BASIS FOR YOUR BIAS.

Everything seems to be moving accordingly to RSI, STOCHASTICS and even MACD when it comes to momentum,

However notice on a 4 hour chart at 22 Nov, it traded at a low of $3.52 and now price is trading at $4.54 as of 1 Dec 2021 GMT+8.

We essentially did a lower high between this period, by the same token, RSI AND STOCHS indicates a hidden bullish divergence indicating a trend continuation (Uptrend continuation) with RSI on 22 NOV at 36 and 35. This creates a basis on a trend continuation however it may be weak.

Volatility wise, you may use BBWP or Bollinger bands and its width to determine the contraction levels and expansion levels of the current period, and in confluence, the bbw percentile has considerable level of contraction meaning there will be further price action expansion followed by the prolonged contraction during this period?

How would we know it will likely expand to the upside? We have a hidden divergence to work in confluence volatility indicator that we are in a trend continuation.

Once you confirmed your bias! USE

-> Patterns
-> resistance and support levels
-> Candlestick closings and patterns
-> Fib extension or Retracement

To improve your trade quality. DONT USE "cUp aNd HanDle"

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