Following Fractals (BTCUSD)
I've been analyzing fractals quite a bit recently and noticed a relationship between July 2018 to August 2018, and the current period.
When I analyze fractals, I look for previous, lower time frames, that coincide with current, higher time frames.
Looking for a short term long here with an entry between 8150-8200. Exit around 8350-8450.
When Fractals are formed, and there are many previous coinciding relationships, and we are currently within the midst of a portion of the fractal , it is most likely to play out.
I've highlighted the similarities between the two time frames in different colors for easy viewing. You'll see the 2nd chart in the comments.
I believe this is a decent very short term LONG scalp.
If you think this was useful, or at least interesting, drop a like. This is my first publish :)
Thank You,
Mario
When I analyze fractals, I look for previous, lower time frames, that coincide with current, higher time frames.
Looking for a short term long here with an entry between 8150-8200. Exit around 8350-8450.
When Fractals are formed, and there are many previous coinciding relationships, and we are currently within the midst of a portion of the fractal , it is most likely to play out.
I've highlighted the similarities between the two time frames in different colors for easy viewing. You'll see the 2nd chart in the comments.
I believe this is a decent very short term LONG scalp.
If you think this was useful, or at least interesting, drop a like. This is my first publish :)
Thank You,
Mario
Catatan
Target reached yesterday :) On to the downfall.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.