10/21/Community: Vegas Tunnel is a very good trading indicator…
Topic: The correct use of Vegas Tunnel + candlestick chart
Live broadcast sharing various mainstream technical indicator application methods, as well as technical form analysis of the day;
Vegas Tunnel parameter settings: 169EMA/144EMA/15EMA/
Correct usage; judging direction/recommended period 4H/1H/
Price below the Vegas Tunnel indicates a bearish direction/waiting to find a bearish signal
Price above the Vegas Tunnel indicates a bullish direction/waiting to find a bullish signal
[BCH/4H Chart] Example
Case 1: The above case is a very representative example. BCH was repeatedly blocked near the Vegas Tunnel from mid to late April, showing multiple resistance signals. On April 20th to 21st, it finally showed two bearish signals [Dark Cloud Cover + Evening Star] on the 4-hour level, starting a trending bearish pattern; the bearish trend initiated by the Evening Star combination reached a 50% decline, a very objective full bearish trend; there are many ways to hold positions; we will arrange to share and narrate in the live broadcast room!
[BTC/1H Chart] Example
Case 2: The most recent BTC case on October 9th effectively fell below the Vegas Tunnel, then rebounded after hitting a low. However, the detail is that the rebound was blocked by the Vegas Tunnel, showing three resistance signals [Shooting Star, Tweezer], starting a three-stage downtrend; seizing this opportunity could yield 350%-400% profit!
The above are all successful cases; how to find the correct long and short trading opportunities in the face of unknown market conditions will be detailed in the Saturday live broadcast!
Recommended approach [No opinion]
Support/Resistance
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2022 full-year strategy guidance record
2022 February-December///10 wins 1 loss
February complete/ROI 2500%///March complete/ROI 2500%
April complete/ROI 2626%///May complete/ROI 3698%
June complete/ROI 3081%///July complete/ROI 7033%
August complete/ROI 4694%///September complete/ROI 5046%
October complete/ROI 1438%///November complete/ROI 2362%
December complete/ROI -474%///
2022 February-December complete total 34504%
Single margin 100U calculation*34504%=34504U
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