1) Buy between the blue and the grey;
2) Sell between the red and the grey;
3) Never open a position in the grey area. This area is too far from both stop-losses, making it unprofitable.
4) Only open a position if your indicators say so (RSI, MACD, CCI, etc.)
Only trade this setup if you're an agressive trader.
These areas are determined with fibonacci ratios.
PS: You should only open a position according to your overall market belief. For example: I believe this market is going down because of the technicals on the daily chart + BTC situation. So, I will only open short positions.
Stop-losses: if trading short, stop-loss is the top of the flag, just above the red area. If trading long, stop-loss is the bottom of the flag, just below the blue area.
I'm only an amateur, don't follow my strategy blindly. Keep your money safe.
2) Sell between the red and the grey;
3) Never open a position in the grey area. This area is too far from both stop-losses, making it unprofitable.
4) Only open a position if your indicators say so (RSI, MACD, CCI, etc.)
Only trade this setup if you're an agressive trader.
These areas are determined with fibonacci ratios.
PS: You should only open a position according to your overall market belief. For example: I believe this market is going down because of the technicals on the daily chart + BTC situation. So, I will only open short positions.
Stop-losses: if trading short, stop-loss is the top of the flag, just above the red area. If trading long, stop-loss is the bottom of the flag, just below the blue area.
I'm only an amateur, don't follow my strategy blindly. Keep your money safe.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。