Search This Blog

Friday, December 22, 2023

December 22, 2023 at 02:04PM Mock Up Price Action for SHIBUSDT | Mid Term (12HR)

Mock Up Price Action for SHIBUSDT | Mid Term (12HR)

SHIBA INU / Tether KUCOIN:SHIBUSDT

Mock Up Price Action for SHIBUSDT | Mid Term (12HR)
- Watching and waiting for opportunities
- I've got 'Crazy', 'Crazier', and 'Dafuq' Mapped Out

Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
- I do this not to predict the price, but rather, to prepare myself and have a plan for all possible scenarios playing out. So that when the time comes, I can make an informed decision with multiple contingencies having monitored the price action over time and in consideration of multiple scenarios (however unlikely they may be) playing out


No comments:

Post a Comment