+366% PROFIT in 6 Months - Golden Pocket Trading Strategy @Chart Champions TESTED

Today I'm testing one of the trading strategies proposed by @Chart Champions . When in a range on the 4 hour chart we use support and resistance to enter and Fibonacci levels Golden Pocket to take PROFIT.

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The Fibonacci sequence is perfect for traders. Human behaviour is closely connected to numbers, and the pattern is found everywhere. From a sunflower seed to an entire forearm, price retraces to 0.618 of its previous level. The next strongest support level for Bitcoin is at 0.382 fib, which corresponds to the high from June 2018. RSI is already in overbought territory, so it is best to trade below it to take advantage of the rising trendline.

Using the Fibonacci sequence in your trading is a good way to improve your conviction and buying and selling behaviour. In addition to technical indicators, it can help you identify important levels in a chart and give a substantial view of the trade. Candlestick patterns can evolve around Fibonacci ratios and aid you in deciding the direction of your trade. The volume volatility can also be an indicator of strength and momentum entering a new phase.

🟢 Long :
Price test the support and breaks back in to the range.

♦️ Short :
Price test the resistance and breaks back in to the range.

⚡SL : Placed on HH/LL
💰 Take Profit 0.618 Fibonacci level

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Timestamps:
00:00 Intro (very important)
02:05 The Winning Trading Strategy
07:00 The Coded Trading Strategy
19:00 Let's Test 100 times
10:00 Scalping Trading My Thoughts
10:30 Conclusion

#trading #strategies #winrate #scalping

DISCLAIMER (read it please): Leverage trading is ONLY for EXPERIENCED TRADERS. If you Trade with a BOT from 3Commas on Bybit it does NOT mean you have no risk. You can still lose money if the Bot suddenly gets unprofitable.

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This video was inspired by Chart Champions