Page 8 - cryptolancerz scalping strategy
P. 8

Below, the mechanism of this strategy is described step by step:



               Buying scalp: (5min time frame)


                     The RSI reaches to maturity selling zone (15-25)
                     Ma120 and ma200 locate in the base of a liquidity or static major (or minor)
                       support or Ma120 and ma200 locate exactly right in the resistance zones and
                       have much distance with the current price.

                     The chart is technically in a valid support area and reverse reaction is seen
                       obviously
                     Hold the position until the RSI maturity level (70 -85) or technical supply
                       zones (including major and minor resistance levels)
                     DIVERGENCE and CONVERGENCE is seen in the chart




                   Example:










































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