Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Invest Bbas > Chartchampions Live Streams > Flashcards

Chartchampions Live Streams Flashcards

(53 cards)

Start Studying
1
Q

what watchlist you need

CLStr_5.5.19

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

why you need only trade watchlist?

CLStr_5.5.19

A

You need to know very well, religiously follow >> feel for it, know every day how it moves
you know which react to FIB levels/which go through

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

First thing in the morning

CLStr_5.5.19

A

Check the whole watch list
Check swing high/low FIB levels
major Res lines (M, W, D, 4H lines)
patterns
major EW count

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Second step after checking the watchlist

CLStr_5.5.19

A

Mark the best candidate coins for D trade (red, right click flag)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

3rd step after checking the watchlist

CLStr_5.5.19

A

Mark the best candidate coins for Swing trade (orange, right click flag)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Last step after flagging coins from the watchlist

CLStr_5.5.19

A

Set alerts fo entry >> daytrade the best setups

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How to set alerts for Scalping

CLStr_5.5.19

A

Every coin on every timeframe >> extreme time demanding (de van ami kesobbiekre is megmarad…)
TFs: 3m, 5m, 15m, 1H, 4H, 1D RSI 30/70 setup) (Once per bar)

https://www.dropbox.com/s/i5vgqsie71cl4fv/Screenshot%202019-05-08%2021.09.41.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=1094

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What TF set alerts for Swing Trading

CLStr_5.5.19

A

1H, 4H, D

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Moving up & down %-3% over 3 bars once per bar

CLStr_5.5.19

A

Set for the previously established TFs
Go to the TF; right click bckgr >> add alert >> changing from crossing to Moving up%: 3% (2%) in 3 bars (Once per bar)
Add alert again: Movind down %: same
Also set alert for (price) Crossing (the value before crossing> by the time of cross you can be at tyour computer)
he has a dedicated phone for alerts, not SMS just in app alerts how I figured out yesterday, connected to loudpseaker in the house…)
these are not buy/sell signals (obviously)

https://www.dropbox.com/s/zbljo5ows4hhpl2/Screenshot%202019-05-08%2021.17.11.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=1384

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What are the alerts for?

CLStr_5.5.19

A

not buy/sell signals (obviously)
for check the chart
review the chart > make decision
Combine higher TF pictur with EW count
only trade when the set ups come to you; do not take trades did not come from clear setups; Patience is key

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

When to watchlist scan?

CLStr_5.5.19

A

Morning, mid-day, evening (3 times)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

How many alerts you can get?

CLStr_5.5.19

A

Pro: 10 (2mo.) $13/M
Pro+: 30 (2mo.) $25/M
Premium: 200 (—.) $50/M
do not pay for the full price >> change email (or support ticket to apply for higher version )
canceled automatic payment
if you ask for trial > they offer 50%

https://www.dropbox.com/s/bw2bmgduocwq26m/Screenshot%202019-05-08%2021.43.49.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=2568

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Why D4K was long in these chart?

https://www.dropbox.com/s/tdu1pkiy53wx86j/Screenshot%202019-05-08%2023.20.41.png?dl=0

https://www.dropbox.com/s/564f1b9gahmqa93/Screenshot%202019-05-08%2023.33.15.png?dl=0

CLStr_5.5.19

A

XBT in a FIB channel actually (fig2)
he said tricky to draw: but what he did: from low to the low at the bottom and than to the top
it the Up trendline, always rejected (wicked out, but never closed above) when it went F786 > entered

three big rejection candles on the right side from the top trendline on 4H (like before on the left twice, the second almost like a fractal (just in this case on the right we have HHs (listen again..)
GP: RES SUP throughout >> find all those points: valid for weeks
the GP showed confluence with the HOR RES red line
from the GP he targets the highs (for a sort term trade) because it is not a long term position the target is the top range >> we do not need to wait for the breakout from the top upwards

https://www.dropbox.com/s/tdu1pkiy53wx86j/Screenshot%202019-05-08%2023.20.41.png?dl=0

https://www.dropbox.com/s/t95hdenvunb3tih/Screenshot%202019-05-08%2023.29.46.png?dl=0

https://www.dropbox.com/s/ftgv5ey1ce2dahq/Screenshot%202019-05-08%2023.39.51.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=2628

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Pre-place buys or wait for the alerts?

CLStr_5.5.19

A

50-50% depends on the chart
in this case where he is showing: you buy at GP when it drops: touch and bounces back, you see the candle hold when closes > buy the next candle (manually, no pre setup for buy)
catching the falling knife down is dangerous, but more reward if works out or wait untill bounce backp up with a pre-set buy..

https://www.dropbox.com/s/nodu739lui40fks/Screenshot%202019-05-08%2023.51.56.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=2977

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

On the fig we see how to buy back from the GP (double yellow line)in an upward parallel channel. What else is going on here?

CLStr_5.5.19

A

You can see a HOR parallel channel too, with a bit of deviation down. There is a breakout down in the middle > but comes back up to the top >> from there going back down to the bottom: you can try to wait for reaching the top again (pin-pong)

https://www.dropbox.com/s/nfcibow99ib5xq4/Screenshot%202019-05-09%2023.22.57.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=3066

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Why did he stay long at the second great dip?

https://www.dropbox.com/s/u6ar76uv7r79oma/Screenshot%202019-05-09%2023.33.32.png?dl=0

CLStr_5.5.19

A

Upwards (slight angle) bottom trendline SUP (this trendline created by the two previous bottom points of the channel)
and it’s confluence with the blue line (F786 of paalell Fib channel) see fig3
the whole structur creates an ascending triangle > might break to the upside later
the whole pattern contains HHs HLs >> bullish

https://www.dropbox.com/s/ew84a9amza7vwtl/Screenshot%202019-05-09%2023.45.05.png?dl=0

https://www.dropbox.com/s/sl4yzpnxhqrt5az/Screenshot%202019-05-09%2023.38.31.png?dl=0

https://www.dropbox.com/s/x3187r6sunx9m6p/Screenshot%202019-05-09%2023.42.31.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=3100

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Might get too many alerts..

CLStr_5.5.19

A

If BTC goes up > ALTs go too >> many alerts; he prefers to trade BTC over ALTs
gnerally BTC sideways > ALT season
you can remove some lower TF alerts if disturbing
remove some coins
you can get used to it

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What do you want to see when go long after a drop?

https://www.dropbox.com/s/vkma4ewht04gg59/Screenshot%202019-05-09%2023.55.47.png?dl=0

CLStr_5.5.19

A

Confluence
HOR SUP combined with FIB sup
or pattern SUP
(in this example on the fig the SUP was massive, because it was a RES prior to a massive breakdown, without that HOR SUP just with th bottom upwards trendline it would have bee poor)
the pattern has to be strong too, on the fig2: it is not an ascending triangle -too much space on the top >> you would not take that trade in case if the side was touched

https://www.dropbox.com/s/vkma4ewht04gg59/Screenshot%202019-05-09%2023.55.47.png?dl=0

https://www.dropbox.com/s/7gs5ila36aft9xm/Screenshot%202019-05-10%2000.08.45.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=3464

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is the outlook about this chart

CLStr_5.5.19

A

Priceactionpenetrating into a brutal massive RES zone with DIV..
only short trade within that upward channel on the right side, not for a longer position

https://www.dropbox.com/s/p6poxxfsxfr3qee/Screenshot%202019-05-10%2000.11.57.png?dl=0

https://youtu.be/9Ssi1R0QrHE?t=3582

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

ZRX chart of the week RES SUP consideratins

https://www.dropbox.com/s/p945h3ws0u6364g/Screenshot%202019-05-14%2009.03.08.png?dl=0

ChartChamp LStr

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

ZRX chart of the week FIB consideratins

ChartChamp LStr

A

Swing high-low >> FIB 786 would be an entry >>
>> but his actual entry was in between the F786 level and an above SUP level (the average price, because he had 3 entry points (at the HOR, at the SUP and at the middle) >> average price it gives

https://www.dropbox.com/s/946dmsrvuz8fm51/Screenshot%202019-05-14%2009.09.54.png?dl=0

https://www.dropbox.com/s/gpmjrqepwictrbd/Screenshot%202019-05-14%2009.11.01.png?dl=0

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Main considerartions

ChartChamp LStr

Study These Flashcards
A

Three strong metrics:

25
ZRX chart of the week FIB consideratins ChartChamp LStr\_12.5.19
Swing high-low \>\> FIB 786 would be an entry \>\> \>\> but his actual entry was in between the F786 level and an above SUP level (the average price, because he had 3 entry points (at the HOR, at the SUP and at the middle) \>\> average price it gives [https://www.dropbox.com/s/946dmsrvuz8fm51/Screenshot%202019-05-14%2009.09.54.png?dl=0](https://www.dropbox.com/s/946dmsrvuz8fm51/Screenshot%202019-05-14%2009.09.54.png?dl=0) [https://www.dropbox.com/s/gpmjrqepwictrbd/Screenshot%202019-05-14%2009.11.01.png?dl=0](https://www.dropbox.com/s/gpmjrqepwictrbd/Screenshot%202019-05-14%2009.11.01.png?dl=0)
26
ZRX chart of the week RSI consideratins ChartChamp LStr\_12.5.19
Bullish div [https://www.dropbox.com/s/gv57okir73jdndc/Screenshot%202019-05-14%2009.24.03.png?dl=0](https://www.dropbox.com/s/gv57okir73jdndc/Screenshot%202019-05-14%2009.24.03.png?dl=0) [https://www.dropbox.com/s/4v5dtgj0ltw7izt/Screenshot%202019-05-14%2009.24.24.png?dl=0](https://www.dropbox.com/s/4v5dtgj0ltw7izt/Screenshot%202019-05-14%2009.24.24.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=605](https://youtu.be/uRQfSTSJeIg?t=605)
27
Main considerartions ChartChamp LStr\_12.5.19
Three strong metrics:
28
ZRX chart of the week Chart pattern considerations ChartChamp LStr\_12.5.19
The PARTIAL Rise pattern in any pattern price action up&down from top to bottom \> at a point lower high (no rise back to the top) it can be in any pattern, in broadening wedge any, here in the parallel channel similarly partial decline can also develop in a pattern Partial rise \>\> weakness \> broke down out of the channel but lower Sup held price went up to the target and a bit more wick \>\> closed on the wick, immadiatelly came back down [https://www.dropbox.com/s/k67ddsqixpyn2x8/Screenshot%202019-05-14%2009.31.10.png?dl=0](https://www.dropbox.com/s/k67ddsqixpyn2x8/Screenshot%202019-05-14%2009.31.10.png?dl=0) [https://www.dropbox.com/s/l1t53d1o0f929uz/Screenshot%202019-05-14%2010.28.17.png?dl=0](https://www.dropbox.com/s/l1t53d1o0f929uz/Screenshot%202019-05-14%2010.28.17.png?dl=0) [https://www.dropbox.com/s/pupdyyknvi6e0gf/Screenshot%202019-05-14%2010.45.07.png?dl=0](https://www.dropbox.com/s/pupdyyknvi6e0gf/Screenshot%202019-05-14%2010.45.07.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=717](https://youtu.be/uRQfSTSJeIg?t=717)
29
Partial decline pattern ChartChamp LStr\_12.5.19
See his drawing not the actual candle pattern in a pattern can develop (he did not detail, only risen in the context of the Partial Rise pattern [https://www.dropbox.com/s/pbnqlmzmj178j7j/Screenshot%202019-05-14%2010.31.40.png?dl=0](https://www.dropbox.com/s/pbnqlmzmj178j7j/Screenshot%202019-05-14%2010.31.40.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=715](https://youtu.be/uRQfSTSJeIg?t=715)
30
What to with this ZRX chart? [https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0](https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0) ChartChamp LStr\_12.5.19
Price closed above the channel with a huge wick on the rejection badly shooting star above the RES lines \>\> short target: bottom of the parellel (1st target) 2nd is the bottom \>\> might enter into a Long (depending how BTC holding) [https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0](https://www.dropbox.com/s/6dh00xp8cebubz3/Screenshot%202019-05-14%2010.47.41.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=839](https://youtu.be/uRQfSTSJeIg?t=839)
31
Stop postion on this short [https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0](https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0) ChartChamp LStr\_12.5.19
Move it down from the Top where short was opened, it can come against you (look at the small green candle) [https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0](https://www.dropbox.com/s/ktxg1faeapd9hbt/Screenshot%202019-05-14%2010.54.17.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=965](https://youtu.be/uRQfSTSJeIg?t=965)
32
ABCD pattern ChartChamp LStr\_12.5.19
Advanced Fib pattern, a base harmonic pattern \>\> the other harmonic patterns (Bat, Shark (new), Gartley, Butterfly) atem from ABCD ABCD is very essential to master he trades on his own way \> for the textbook style he needed to brush up: Ultimate Harmonic Pattern Strategy Book: The most accurate harmonic patterns and how to trade them by Casey Stubbs inkabb ezt ajanlotta: Harmonic Trading, Volume Two: Advanced Strategies for Profiting from the Natural Order of the Financial Markets: Advanced Strategies for Profiting from the Natural Order of the Financial Markets: 2 Scott M. Carney [https://www.amazon.com/Ultimate-Harmonic-Pattern-Strategy-Book/dp/172117768X](https://www.amazon.com/Ultimate-Harmonic-Pattern-Strategy-Book/dp/172117768X) [https://www.amazon.co.uk/Scott-M.-Carney/e/B00JQYB640/ref=dp\_byline\_cont\_book\_1](https://www.amazon.co.uk/Scott-M.-Carney/e/B00JQYB640/ref=dp_byline_cont_book_1)
33
What is complex pullback pattern? How to handle? ChartChamp LStr\_12.5.19
When in a general trend \>\> pullbacks the pullbacks come back to the previous high but not lower \> simple pullback; when comes back lower \>\> complex pullback Need to hold the previous low level (see fig red lines) when the pullback is lower than the previous high \> people think game over based on EWs when W4 retraces deeper than W1 [https://www.dropbox.com/s/kzpvxbpswvf51dp/Screenshot%202019-05-14%2011.11.33.png?dl=0](https://www.dropbox.com/s/kzpvxbpswvf51dp/Screenshot%202019-05-14%2011.11.33.png?dl=0) [https://www.dropbox.com/s/k4u5zt7es0w5zxa/Screenshot%202019-05-14%2011.14.56.png?dl=0](https://www.dropbox.com/s/k4u5zt7es0w5zxa/Screenshot%202019-05-14%2011.14.56.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=1166](https://youtu.be/uRQfSTSJeIg?t=1166)
34
Base Harmonic pattern type 1: Classic ABCD [https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0](https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0) ChartChamp LStr\_12.5.19
Impulse down from A to B (any size) base harmonics only work on 4H+ TFs (1H is short for it) A to B impulse \> take a retracement to C (has to be between F0.618 or F0.786: measured from AB) in real life the values can looser a bit 0.5-1% dufference if fine (belloF618 and above F786 the target is D \<\< 1.618F extension of C (if C was 0.618F ext of AB) \<\< 1.272F extension of C (if C was 0.786F ext of AB) (from the bottom B towards C) A to B is similar to C to D (some level of symmetry needed AB = CD more or less; faint pink shows it) these patterns have bullish/bearish variations (in this example this an ABCD for a bullish pattern [https://www.dropbox.com/s/oqzw7c3xhoz5wkf/Screenshot%202019-05-14%2020.28.16.png?dl=0](https://www.dropbox.com/s/oqzw7c3xhoz5wkf/Screenshot%202019-05-14%2020.28.16.png?dl=0) [https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0](https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0) [https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0](https://www.dropbox.com/s/mdb67mayak2lzgy/Screenshot%202019-05-14%2020.48.18.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=1595](https://youtu.be/uRQfSTSJeIg?t=1595)
35
Base Harmonic pattern type 1: Classic ABCD Bbas description [https://www.dropbox.com/s/rjnzfrt0w37adpn/Screenshot%202019-05-14%2021.00.39.png?dl=0](https://www.dropbox.com/s/rjnzfrt0w37adpn/Screenshot%202019-05-14%2021.00.39.png?dl=0) ChartChamp LStr\_12.5.19
If C retracement from A to B is between F0.618 or F0.786 \>\> you can target its destination D by extending C (F1.618 or F1.272 respectively) (from the bottom B up towards C \< (bullish case) either short from C to D (rather D4K does it, not general) D zone is the Long Position in theexample: red box showthat high probability zone (some level of symmetry needed AB = CD more or less; faint pink shows it) [https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0](https://www.dropbox.com/s/nzwcipuqfc5f3wu/Screenshot%202019-05-14%2020.42.54.png?dl=0) [https://www.dropbox.com/s/f3aonvjy1shyl8o/Screenshot%202019-05-14%2020.53.21.png?dl=0](https://www.dropbox.com/s/f3aonvjy1shyl8o/Screenshot%202019-05-14%2020.53.21.png?dl=0) [https://www.dropbox.com/s/dzxeormnm8n4cpi/Screenshot%202019-05-14%2020.55.56.png?dl=0](https://www.dropbox.com/s/dzxeormnm8n4cpi/Screenshot%202019-05-14%2020.55.56.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=1595](https://youtu.be/uRQfSTSJeIg?t=1595)
36
Base Harmonic pattern type 1: Classic ABCD considerations for the trade ChartChamp LStr\_12.5.19
Look for confluence: HOR in the example on fig: confluence between the F1.618 extension and 1 to 1 ext (AB=CD) some say its actually a requirenment, I realized, that the reason: 1/0.618=1.618; \>\> same zone strong HOR Sup region red box swing high-low GP coincides with the F1.618ext D: long position \>\> target is FIB from A to D \>\> F0.618, F0.382 [https://www.dropbox.com/s/pqzceljwt2wnqiy/Screenshot%202019-05-14%2021.12.08.png?dl=0](https://www.dropbox.com/s/pqzceljwt2wnqiy/Screenshot%202019-05-14%2021.12.08.png?dl=0) [https://www.dropbox.com/s/2p7jt90qg2cfza4/Screenshot%202019-05-14%2021.14.02.png?dl=0](https://www.dropbox.com/s/2p7jt90qg2cfza4/Screenshot%202019-05-14%2021.14.02.png?dl=0) [https://www.dropbox.com/s/bvgcij8b76t2725/Screenshot%202019-05-14%2021.15.07.png?dl=0](https://www.dropbox.com/s/bvgcij8b76t2725/Screenshot%202019-05-14%2021.15.07.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=1871](https://youtu.be/uRQfSTSJeIg?t=1871)
37
ABCD Long position targets ChartChamp LStr\_12.5.19
D: long position \>\> target is FIB from A to D \>\> F0.618, F0.382 (you need to find in these region SUP/RES lines for confluence) take profit at F382 10-15% for making the stoploss breakeven)\>\> let the rest run, but keep it in mind, this is a trade, not a long term position see the context in the example with Neo: just a countertrend in a trending market [https://www.dropbox.com/s/yllds8e8z41hs3k/Screenshot%202019-05-14%2021.23.25.png?dl=0](https://www.dropbox.com/s/yllds8e8z41hs3k/Screenshot%202019-05-14%2021.23.25.png?dl=0) [https://www.dropbox.com/s/3c5vcu9sa97gtqb/Screenshot%202019-05-14%2021.30.56.png?dl=0](https://www.dropbox.com/s/3c5vcu9sa97gtqb/Screenshot%202019-05-14%2021.30.56.png?dl=0)
38
ABCD STOP Loss ChartChamp LStr\_12.5.19
Just bellow the D point (1.618F extension) 4% stoploss here [https://www.dropbox.com/s/v83dq1wc3m3tahy/Screenshot%202019-05-14%2021.34.47.png?dl=0](https://www.dropbox.com/s/v83dq1wc3m3tahy/Screenshot%202019-05-14%2021.34.47.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=2264](https://youtu.be/uRQfSTSJeIg?t=2264)
39
ABCD example on ongoing Neo chart [https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0](https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0) ChartChamp LStr\_12.5.19
C point is on F618 (you would not take a long from here (but he does..), if it reaches D point \>\> short position there on the example: cnfluence red box getting up to F1.618 might be quite hard due to prior strong RES (2nd red box) \>\> that is why textbook suggests not to long, but wait to reach there \>\> short rather from D for a long it is a bit late already green candles \>\> that is why you set Alerts [https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0](https://www.dropbox.com/s/7wjbwvxtg4iwahe/Screenshot%202019-05-14%2021.37.43.png?dl=0) [https://www.dropbox.com/s/q5ykr7or4vp65k6/Screenshot%202019-05-14%2021.41.31.png?dl=0](https://www.dropbox.com/s/q5ykr7or4vp65k6/Screenshot%202019-05-14%2021.41.31.png?dl=0) [https://www.dropbox.com/s/lr19ssc53i8yxkf/Screenshot%202019-05-14%2021.42.34.png?dl=0](https://www.dropbox.com/s/lr19ssc53i8yxkf/Screenshot%202019-05-14%2021.42.34.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=2343](https://youtu.be/uRQfSTSJeIg?t=2343)
40
ABCD example on ongoing LTC chart [https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0](https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0) ChartChamp LStr\_12.5.19
Impulse leg up \> Fib tool from bottom to top \> targeting F618, F786 he shows it as a zone \>\> high target zone from C we extend to F1.618 F1.272 \> perfect top for D \>\> not longing here like him, but D is a Short entry point if the chart reaches here target: F382 from bottom A to top D \> 1st target hit perfectly here [https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0](https://www.dropbox.com/s/ng3h4dx2n6vxm8z/Screenshot%202019-05-14%2021.47.43.png?dl=0) [https://www.dropbox.com/s/91s1elkegf6opby/Screenshot%202019-05-14%2021.52.06.png?dl=0](https://www.dropbox.com/s/91s1elkegf6opby/Screenshot%202019-05-14%2021.52.06.png?dl=0) [https://www.dropbox.com/s/htaq4djqjdaz2rh/LTC%20ABCD%20Bitfinex.png?dl=0](https://www.dropbox.com/s/htaq4djqjdaz2rh/LTC%20ABCD%20Bitfinex.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=2545](https://youtu.be/uRQfSTSJeIg?t=2545)
41
What pattern is it? [https://www.dropbox.com/s/9yqs1zsng8n5gmo/Screenshot%202019-05-15%2021.36.17.png?dl=0](https://www.dropbox.com/s/9yqs1zsng8n5gmo/Screenshot%202019-05-15%2021.36.17.png?dl=0) ChartChamp LStr\_12.5.19
Pump and run pattern downtrendline \> descending triangle breaks to the downside phase in stage (triangle) \> downturn \> Adam&Eve (almost double bottom, but a bit off) and ascending triangle \> breaks to the upside descending to downside, ascending to the upside you go Long when it breaks the downwards Res line (he was in short at that time (apr 02) \> switch to long uphill run phase long target: the start of the top of the bump and dump start phase in fade (top of the triangle) \>\> $7800 here he took a short on the top (red wick down) \> moving down stop loss \> if continuation great, if continue up \> stop out [https://www.dropbox.com/s/5n1z3h11d6j4bbv/Screenshot%202019-05-15%2021.43.35.png?dl=0](https://www.dropbox.com/s/5n1z3h11d6j4bbv/Screenshot%202019-05-15%2021.43.35.png?dl=0) [https://www.dropbox.com/s/xa56gcpbh91g5cp/Screenshot%202019-05-15%2021.37.10.png?dl=0](https://www.dropbox.com/s/xa56gcpbh91g5cp/Screenshot%202019-05-15%2021.37.10.png?dl=0) [https://www.dropbox.com/s/gntcc565q6ca4we/Screenshot%202019-05-15%2021.40.28.png?dl=0](https://www.dropbox.com/s/gntcc565q6ca4we/Screenshot%202019-05-15%2021.40.28.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=3153](https://youtu.be/uRQfSTSJeIg?t=3153)
42
How to handle the current chart? [https://youtu.be/uRQfSTSJeIg?t=3428](https://youtu.be/uRQfSTSJeIg?t=3428) ChartChamp LStr\_12.5.19 [https://www.dropbox.com/s/n83nv5lwv9mxqrq/Screenshot%202019-05-15%2022.01.44.png?dl=0](https://www.dropbox.com/s/n83nv5lwv9mxqrq/Screenshot%202019-05-15%2022.01.44.png?dl=0)
Strong uptrend \> pullback to F382 F618 \>\> long position, these are probable bounce back points (bullish retracement) \>\> coincides with a HOR SUP/RES does not mean that it will go even higher than prev H, but probablybouncs F618 pullback \> take postion always carefull after the bounce: if breaks F618 upwards good chance to continuation, otherwise get out [https://www.dropbox.com/s/azp4q7iywyaispw/Screenshot%202019-05-15%2021.53.18.png?dl=0](https://www.dropbox.com/s/azp4q7iywyaispw/Screenshot%202019-05-15%2021.53.18.png?dl=0) [https://www.dropbox.com/s/wxbejmn984m6igh/Screenshot%202019-05-15%2021.56.28.png?dl=0](https://www.dropbox.com/s/wxbejmn984m6igh/Screenshot%202019-05-15%2021.56.28.png?dl=0) [https://www.dropbox.com/s/rqcd1847sum15ww/Screenshot%202019-05-15%2021.57.04.png?dl=0](https://www.dropbox.com/s/rqcd1847sum15ww/Screenshot%202019-05-15%2021.57.04.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=3428](https://youtu.be/uRQfSTSJeIg?t=3428)
43
What to pay attention on this chart? ChartChamp LStr\_12.5.19
Impulsive wave up to the top from the bottom \> retracement to F618 (red line down) coinciding with former RES on the left \> healthy bounce back \>\> Long for a bounce not necessarily new high though \>\> if bounces watch F786 F618 on the way back up \>\> if it stops there \> can come down deep (like and ABCD) look on the ZRX chart [https://www.dropbox.com/s/tihjeivmyltokep/Screenshot%202019-05-15%2022.08.32.png?dl=0](https://www.dropbox.com/s/tihjeivmyltokep/Screenshot%202019-05-15%2022.08.32.png?dl=0) [https://www.dropbox.com/s/8098sa7hq66dnsu/Screenshot%202019-05-15%2022.12.42.png?dl=0](https://www.dropbox.com/s/8098sa7hq66dnsu/Screenshot%202019-05-15%2022.12.42.png?dl=0) [https://www.dropbox.com/s/c4qz3ttd3qdjwen/Screenshot%202019-05-15%2022.18.53.png?dl=0](https://www.dropbox.com/s/c4qz3ttd3qdjwen/Screenshot%202019-05-15%2022.18.53.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=3499](https://youtu.be/uRQfSTSJeIg?t=3499)
44
How to handle the toping like situation? ChartChamp LStr\_12.5.19
If we go down \>\> F382 might be a possible bounce if go deeper \> F618 (HOR SUP zone can be) \> another potential bounce if more down \> goes back to the consolidation zone (from where we started to draw FIB (1) point draw another FIB from swing low to swing high \>consolidation zone is on F618 this move down can be W4 [https://www.dropbox.com/s/o1k030is48p8rk4/Screenshot%202019-05-15%2022.21.16.png?dl=0](https://www.dropbox.com/s/o1k030is48p8rk4/Screenshot%202019-05-15%2022.21.16.png?dl=0) [https://www.dropbox.com/s/04bz74e9c99ptly/Screenshot%202019-05-15%2022.22.17.png?dl=0](https://www.dropbox.com/s/04bz74e9c99ptly/Screenshot%202019-05-15%2022.22.17.png?dl=0) [https://www.dropbox.com/s/2j644vhcleu2all/Screenshot%202019-05-15%2022.27.21.png?dl=0](https://www.dropbox.com/s/2j644vhcleu2all/Screenshot%202019-05-15%2022.27.21.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=3561](https://youtu.be/uRQfSTSJeIg?t=3561)
45
What is the next target if we break higher ? ChartChamp LStr\_12.5.19
Top of the wave left $8.5k parabolic move up not sustainable, but we need to look preparef or bullish scenarios as well untill we break the higher low pattern \> bullish trend (we want to hold this structure for bull trend) he is long (on BTC on spots and ALTs, but holding short position too to hedge the longs in case sg happens) [https://www.dropbox.com/s/ueoei6zmz1kr3o0/Screenshot%202019-05-15%2022.28.26.png?dl=0](https://www.dropbox.com/s/ueoei6zmz1kr3o0/Screenshot%202019-05-15%2022.28.26.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=3638](https://youtu.be/uRQfSTSJeIg?t=3638)
46
How is BTC moves taken into consideration when trading the ALT trades ? ChartChamp LStr\_12.5.19
Not taken into consideration \> would inhibit the trades
47
What did Bitmex do at this point on the chart? [https://www.dropbox.com/s/44q6lizvc0rjv6p/Screenshot%202019-05-15%2023.57.11.png?dl=0](https://www.dropbox.com/s/44q6lizvc0rjv6p/Screenshot%202019-05-15%2023.57.11.png?dl=0) ChartChamp LStr\_12.5.19
So far Longs were paid to be in long postion Just flipped \> SHorts are paid to in position now.. Daniel in short see by following the blue link 300pounds/8hrs [https://www.dropbox.com/s/l2tuu7o5wrlz570/Screenshot%202019-05-15%2023.53.42.png?dl=0](https://www.dropbox.com/s/l2tuu7o5wrlz570/Screenshot%202019-05-15%2023.53.42.png?dl=0) [https://www.dropbox.com/s/8s70fqwzeupycnr/Screenshot%202019-05-15%2023.55.48.png?dl=0](https://www.dropbox.com/s/8s70fqwzeupycnr/Screenshot%202019-05-15%2023.55.48.png?dl=0) [https://www.dropbox.com/s/fl2au8vipjm16e3/Screenshot%202019-05-15%2023.56.28.png?dl=0](https://www.dropbox.com/s/fl2au8vipjm16e3/Screenshot%202019-05-15%2023.56.28.png?dl=0) [https://youtu.be/uRQfSTSJeIg?t=4085](https://youtu.be/uRQfSTSJeIg?t=4085)
48
W1 target ChartChamp cheat sheets
Previous Sup \> turns into a Res Accumulation \> distribution (W1) nem bizti [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)
49
W2 level ChartChamp cheat sheets
Typical retrace levels: F0.681, F0.382 [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)
50
W3 target ChartChamp cheat sheets
1.618 ext W1 acceptable to take profits at 1-1 ext if W2 small simple correction (F382 abc) \>\> W4 a big F618 retracement or W4 complex sideways correction (like WXYXZ) [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)
51
W4 characteristics ChartChamp cheat sheets
Alternation guideline: typically the opposite of W2 [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)
52
W5 target ChartChamp cheat sheets
2F ext of W1 or 2.618F ext of W1 acceptable to take profits at the double top of W3 high [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)
53
EW subwave Sup Res in relation to each other [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0) ChartChamp cheat sheets
The 5-3-5-3-5 subways of an impulse normally find SUP/RES from prior subwave HOR levels eg: old subW3 high in W1 \> RES for B of W2 and for subW1 of W3 subW3 of W3 \> SUP for A of subW4 and for subW2 of W5 [https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0](https://www.dropbox.com/s/hvs61w1ugiusjl8/Picture1.png?dl=0)

Invest Bbas (10 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions