BitcoinLong
BTCUSD Update: No Trend With Shady Action, Part 2 Of 2
BTCUSD-Part 2 of 2.
The chart I published just before this one was the daily chart for-BTCUSD.
I saw 5 golden triggers on that chart. The fifth golden trigger has yet to kick-in. Why?
It is the CHOP indicator on this chart (lower indicator, bottom of page).
Yes, the CHOP ZONE is green, which is positive. But we need to see TREND for the upside breakout.
There are multiple buy Fractals, but they are sagging into the alligators jaw.
What to look for more than anything else.....
CHOP below the shaded area on this chart and the daily, along with buy Fractal and up indicators.
This should be the formula for-BTCUSD to march higher.
Good luck to you. Don.
The chart I published just before this one was the daily chart for-BTCUSD.
I saw 5 golden triggers on that chart. The fifth golden trigger has yet to kick-in. Why?
It is the CHOP indicator on this chart (lower indicator, bottom of page).
Yes, the CHOP ZONE is green, which is positive. But we need to see TREND for the upside breakout.
There are multiple buy Fractals, but they are sagging into the alligators jaw.
What to look for more than anything else.....
CHOP below the shaded area on this chart and the daily, along with buy Fractal and up indicators.
This should be the formula for-BTCUSD to march higher.
Good luck to you. Don.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.