Today we’re going to be looking at three categories for strategy rules . This is very critical because the most important concept before we enter into a trade is to have it already pre-set in our mind where we’re going to enter and how we’re going to exit. It’s all got to be totally predetermined and you have to visualise your whole trade set-up, your trade...
Marking up OIL as to what trades were available. Its a good look at what we should have seen for opportunity. how the indicators and fibs measured. entries are 2 different strategies. Ignite and delorean shadow
🔴In all markets, there is a price at which a market participant is willing to buy an asset and a price that suits the seller. At the same time, traders intend to carry out a purchase and sale transaction only within the amount that is profitable for them. ⚠️In the foreign exchange market, the ask line is the cost of buying an asset or the price that is set by...
This Bullish log chart for BTC shows a clear cup and handle Yet these could be acting as a quasi-bullflag, flagpole at the same time. Both experience an upward move initially (cup, flag-pole) and further consolidation period (handle, bullflag) Both are bullish but experience a similar development as bullish tools. That will always continue to form over time. The...
Introducing the Chop Zone 10k. This is an improved version of the Chop Zone 9000 and includes "RSI-like" lines but this is not RSI-- it's better than RSI. There are 5 lines and as the selling begins, 4 of the 5 split into positive and negative dualities, resulting in very hot "do not touch" look on the chart. If you do touch it while it's hot, you may get...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
----------------------------------Support And Resistance – The House!---------------------------------- Support and Resistance explanation: Imagine that you are looking at a vertical cross-section of an "Old fashioned dolls house " which is shown in the schematic. Now you can see all the floors and ceilings in the house, and as you can see here we have a...
video explains the significance of recognizing contracting markets.
Hi traders! We are going to analyze absolutely specific chart today - XLM / USD . It's not a typical technical analysis, but we want to prepare you for various traps and extremes on the crypto market . Stellar is the tenth biggest cryptocurrency from the market capitalisation perspective, thus it's not any dwarf. So what can we read from the chart? Stellar...
As in others opportunity post , analyse made in behind , DYOR always !!
The explanations are in the chart. PS. this is just a theory, obviously, but i wanted to share it anyway. I hope you like it.
Possible H&S ? Can we see a fall down to 1.68919 support line ? Please tell me if this even counts as H&S, I will be very grateful. Any objections/suggestions are welcome.