#KouachiSignals $ETH $WCT $BTC 💵🚀Adhere to the points and entry and exit💰 conditions.
3. New Trading Signals on the Hourly Frame
3.1. Long Trade
Entry Condition:
When the price returns to test and support above R1 (≈105 305) without breaking it with a 1H candle.
Confirmation from a 1H reversal candle (such as a Hammer or Bullish Engulfing) above 105 300–105 350.
Suggested Entry Point:
105 400 (after a 1H confirmation candle closes above 105 350 with high buying volume).
Targets:
106 000–106 018 (R2 Daily)
If momentum continues, 106 500–106 600 (psychological resistance and Fibonacci extension).
Stop Loss:
105,000 (about 400 pips below the entry point; about 300 pips below R1, a psychological support level).
Note: When the price approaches 106,018, take partial profits and move the stop loss to breakeven (105,400) to secure the remaining profits.
3.2. Short Trade
Entry Condition:
The price fails to maintain support at R1 (≈105,305–105,350) and the 1H candle closes below 105,300 with a clear red candle and increased selling volume.
A bearish crossover occurs on the MACD1H or the RSI1H falls below 60.
Suggested Entry Point:
105,250 (after confirming the 1H close below 105,300).
Targets:
104,900 (previous day's high has become support).
104 508 (Fibo 23.6%).
104 144 (Fibo 38.2%).
Stop Loss:
105 650 (about 350 pips above the entry point; compensates for the possibility of slight volatility above R1).
Note: If the price reaches the first target (104 900) and a support candle appears on the 1H, it is recommended to take partial profits and move the stop loss to 105 250.
4. Closing Watch Points
Trading Volume:
A breakout of R1 (105 305) with significant upward momentum and buying momentum makes you inclined to remain in the long position.
If strong selling volume returns at 105 300 and a large red 1H candle appears, the sell signal will be strengthened.
RSI1H Indicator:
If the RSI1H exceeds 70, be cautious; it indicates that the price may need to correct before resuming the upward trend.
A break of the RSI1H below 60 after a break of the R1 indicates a potential pullback for a correction.
MACD1H:
Pay attention to declining momentum indicators (a smaller histogram or a negative crossover) to beware of a short-term reversal.
Live News:
Any surprise announcements regarding legislative projects or economic data