Yello Paradisers! In this video, we are going through high-timeframe, medium-timeframe, and lower-timeframe analysis. This multi-timeframe analysis is important for us to understand the whole context of the market, and that is how we are able to make the best trading decisions as professional traders.
I'm explaining to you that we are on the high-timeframe chart, trading inside of a channel ABC zigzag formation. From an Elliott Wave perspective, we are currently in the C wave, which is a motive wave, and we are creating the smaller secondary wave. We can see a bullish divergence confirmed, and we are waiting for RSI to have a successful bullish reclaim.
I'm updating you about the 0.61 Fibonacci retracement level and all of the confluences at around $116,000 and $117,000. From a medium-timeframe perspective, we are updating the Elliott Wave price action development count. I'm sharing with you the contracting triangle. The deviation that happened during the E wave, the confluence of the $116,000 and $117,000, and truly sharing with you how important this demand zone area really is.
Then we are moving our attention to low time frame analysis where I share with you the most probable price action development in the upcoming days, weeks, and months.
Paradisers! Keep in mind to trade only with a proper professional trading strategy. Wait for confirmations. Play with tactics. This is the only way you can be long-term profitable.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
I'm explaining to you that we are on the high-timeframe chart, trading inside of a channel ABC zigzag formation. From an Elliott Wave perspective, we are currently in the C wave, which is a motive wave, and we are creating the smaller secondary wave. We can see a bullish divergence confirmed, and we are waiting for RSI to have a successful bullish reclaim.
I'm updating you about the 0.61 Fibonacci retracement level and all of the confluences at around $116,000 and $117,000. From a medium-timeframe perspective, we are updating the Elliott Wave price action development count. I'm sharing with you the contracting triangle. The deviation that happened during the E wave, the confluence of the $116,000 and $117,000, and truly sharing with you how important this demand zone area really is.
Then we are moving our attention to low time frame analysis where I share with you the most probable price action development in the upcoming days, weeks, and months.
Paradisers! Keep in mind to trade only with a proper professional trading strategy. Wait for confirmations. Play with tactics. This is the only way you can be long-term profitable.
Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader.
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Note
Remember to always trade only with professional trading strategies and tactics, and make sure that your money management is tight!Note
New video every Monday, Wednesday and Friday!!!!Note
Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.