Update on weak hive buy signal from yesterday
Yesterday I published the weak BUY signal from the hive.
I'm surprised to see that the target was met by 81%
Signal price: 42,536 USD
Original target (ATR): 43,600 USD
Top price: 43,392 USD
200 dollars away from meeting the original target.
As I said it was a weak buy signal but it's incredible that it still almost nailed it!
The signal only used a count of 5 divergences in the past 4h candles but normally I take seriously only above 7 divergences for bull signals especially if we are in a bear market. On a bull market you can do the opposite, relax the number of bull divergences to trigger and increase the bear ones: it's the way trend biased markets work.
I'm surprised to see that the target was met by 81%
Signal price: 42,536 USD
Original target (ATR): 43,600 USD
Top price: 43,392 USD
200 dollars away from meeting the original target.
As I said it was a weak buy signal but it's incredible that it still almost nailed it!
The signal only used a count of 5 divergences in the past 4h candles but normally I take seriously only above 7 divergences for bull signals especially if we are in a bear market. On a bull market you can do the opposite, relax the number of bull divergences to trigger and increase the bear ones: it's the way trend biased markets work.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.