BTCUSD Trade Call
Might as well publicly post this trade call since it's just on btc and I've already talked about it in my discord channel. There's some fantastic confluence on the bottom of the 4h CLCP (blue band,) and if price breaks up above that defined resistance there we should activate a trending mean reversion on the 15m (price goes to the blue line in the middle of the pink band, or the blue line goes to price but hey, up is more likely with how well the support has been respected thus far.)
If you're playing the 4h, stop is below the blue band. So 11050.
If playing the 15m and you're happy to babysit, price reasonably shouldn't exit the swing low of the 15m clcp at 11320, or it's 3.2 standard deviation at 11,200.
If you prefer a wordier explanation on the trade calls rather than easy to follow lines, do let me know.
4h longer term mr condition has almost tapered off, so upside isn't really a defined variable yet since any significant move will generate it's own bearish mean reversion pivots , which, we can use to take profit when those do arise. Or 11700/12000. If you want.
If price goes sideways long enough for the 15m mean reversion condition to taper off, that means price can go wherever the hell it wants as all the weighting on either side has evaporated. Which, in turn would let us play the expansion using a WAVE PM cross but hey, now we're in the realm of hypothetical. That should take around 12-16 hours of just going sideways from basic extrapolation. In that event 4h support would still be well defined, but 15m confirmation evaporated.
Also sorry for the pink and white but holy hell I've been looking at dark charts for far too many years now.