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Famousetup

ETHUSD: Short setup under bearish trendETHUSD: ETHUSD is following minor bearish trend line (be with trend), and 2550 works as resistance level, where fresh bear rally started, third higher low after respecting trend line. so i would wait for another touch at resistance or trend line. Looking for short setup at 2550 at new resistance. ! Strong close above that could be bullish move. *trade channel based on hourly chart. Technical- Based on S/R and trend channel : - Minor resistance: 2550, look for short setup. - Minor support: 2410, (short target) - Strong support: 2321 ! leave feedback please. Image-
COINBASE:ETHUSDShort
by abhish_analysis
2
ETHUSD: Broke bull trend lineETHUSD: ETHUSD formed bullish rally from 2480, and 2630 looks like resistance. it retraced from resistance level again, and fresh bearish rally started from here, broke 1 hr bullish trend line, As per classic trend line breakout, looking for short setup at R: 2630 !!strong close above that price should be bullish move *trade channel based on hourly chart. Technical- Based on S/R and trend channel : - Resistance: 2630, bearish rally point - support: 2480 ! leave feedback please. Image-
COINBASE:ETHUSDShort
by abhish_analysis
5
What is The FAMOUS SETUP? Xmass GIFT for Everyone Today I'm going to share with you one of the most powerful Trading Pattern I've found and traded since 2012. How to Predict Tomorrows Wave 5 10 Hours in Advance and Trade it with 80% Win rate? We have a topic in our AIMS Forum dated Feb 13, 2012. Still running and still valid. and hopefully will continue to work for the years to come. This video explains what is The Famous Setup and How to Take it. Famous setup is based on the concept that >>> Wave 3's of H1 time frame usually last between 2-3 days followed by 1 day sometimes 2 days Wave 4 and then 1-2 days Wave 5. What we do is when we see a strong move on a pair (today) we expect it to go sideways during Asian session. We want to see it creating pancake tight sideways horizontal flat aims boxes. (A tight Range) >>> and then we catch the 5th of wave 3 of h1. Our preferred way is to go to m15 and find a S1 (a breakout Setup into Wave 5) but we can also simply trade the h1 level at LO on H1 time frame. Entry checklist: - W3 on H1 from previous days London/US sessions; - W3 has not shown divergence, interweave divergence (as 5 of 3 may be done); - Flat/sideways Asian session, shown by M15 sleeping alligator, close to ZL, or by very small H1 AIMS box; - W3 has not retraced back to the zero line, although this may give a genuine S1 into W5. - Entry on break of M15 level with opposite M15 level as stop-loss; - Entry can also be taken on H1 level using H1 chart.
Education
by iTradeAIMS
3