The 60 minute chart of
ETHUSD
created a support here around 3150 in the middle of a rising consolidation. Breaking the spike low would break the support, break the lower bounds of the flag pattern, and confirm an Ichimoku cloud breakout. These are three ways using different indications to identify a potential breakout.
I dislike when charts get too cluttered but at the cost of having a very busy chart I wanted to demonstrate the methods in a single idea. Choose a method or indicator that makes sense to you as a trader and then study it to mastery.
I dislike when charts get too cluttered but at the cost of having a very busy chart I wanted to demonstrate the methods in a single idea. Choose a method or indicator that makes sense to you as a trader and then study it to mastery.
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade