Finding this chart pattern took about two days.
First i had to create a screener to find the momentum
then today i looked at the watch list.
While looking at the watchlist i tried to screen
for a candle stick pattern,
This candlestick pattern is called the lower long shadow.
It is part of another chart pattern called the frying pan
bottom.
This means the chart price has hit higher new low
as you can see from the drawing on the chart
that looks like a triangle
ALso remember that on this chart is
a technial analysis system called
the rocket booster strategy.
Check out the references to learn about this
strategy.
Also take note of one the best osicllators
in technical analysis called the MACD
look close you will see two lines Crossing
This is rare sight to behold
and this is why i have to document this
and share it with you as well
Trade safe.
Rocket boost this content to learn more
Disclaimer: Trading is risky please learn risk management
and profit taking strategies.Also feel free
to use a simulation trading account before you
trade with real money
First i had to create a screener to find the momentum
then today i looked at the watch list.
While looking at the watchlist i tried to screen
for a candle stick pattern,
This candlestick pattern is called the lower long shadow.
It is part of another chart pattern called the frying pan
bottom.
This means the chart price has hit higher new low
as you can see from the drawing on the chart
that looks like a triangle
ALso remember that on this chart is
a technial analysis system called
the rocket booster strategy.
Check out the references to learn about this
strategy.
Also take note of one the best osicllators
in technical analysis called the MACD
look close you will see two lines Crossing
This is rare sight to behold
and this is why i have to document this
and share it with you as well
Trade safe.
Rocket boost this content to learn more
Disclaimer: Trading is risky please learn risk management
and profit taking strategies.Also feel free
to use a simulation trading account before you
trade with real money
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.