SohailChaudhary
@t_SohailChaudhary
What symbols does the trader recommend buying?
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SohailChaudhary
The first higher high after a downtrend indicates a potential trend reversal to the upside. It shows that buyers are starting to regain control, signaling the possibility of a new bullish trend.Trendline Break: A break above a significant trendline further confirms the shift in sentiment from bearish to bullish. The trendline break signifies that selling pressure has weakened, and the market is poised for further upward movement.
SohailChaudhary
Higher Highs (HH) & Higher Lows (HL): The pattern of higher highs and higher lows is an indication of an uptrend, showing that the buying momentum is strong.Entry: Place a buy stop order just above the recent higher high (HH). This allows you to enter the trade if the price continues moving upward, confirming the bullish momentum.
SohailChaudhary
The tool watches for a strong upward move (called the flagpole).Then it looks for a small pullback or sideways move (called the flag).
SohailChaudhary
RSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.
SohailChaudhary
LTC/USDT Bullish Weekly Setup:Timeframe: WeeklyTrend: BullishEntry: 70.88Target: $130+Stop Loss: 49.77Litecoin (LTC) has been showing a consistent uptrend on the weekly timeframe, with the price forming higher highs and higher lowsTP1 Hit
SohailChaudhary
RSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.
SohailChaudhary
Range Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.RSI Bullish Divergence: The Relative Strength Index (RSI) indicates a bullish divergence, meaning while the price was making lower lows within the range or downtrend, the RSI was making higher lows. This suggests that selling momentum is weakening, and buyers are starting to gain strength.
SohailChaudhary
1) A symmetrical triangle breakout2) previous trend break Order type : Buy StopEP : 2728.30SL : 2583.68TP : 2872pending order triggeredTP hit
SohailChaudhary
Trendline Break: A break above a significant downtrend line signals a shift in market sentiment from bearish to bullish. This is a key technical signal that buyers are starting to gain control.
SohailChaudhary
RSI indicates Bullish Divergence. Which means that at any time the market trend can change to HH and HL.cancel the buy stop order
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