On the above chart I investigated the relationship and continuation of 'waves' within the Fibonacci Circle. Due to its incredible success, I decided to look over it again. On this chart I show very comparable formations (formation 1) (formation 2) Formation 1 is contained within 0.786, while formation 2 extends through the 1 level Applying the same Logic with...
¿What is Ethereum? To fully understand Ethereum, what it does and how it can potentially impact the society of which we are a part, it is critical to learn what their core characteristics are and how they differ from standard approaches. In the first instance, Ethereum is a decentralized system, which means that it is not controlled by a single governing...
So As you can see in our previous trade, I shared with you a super simple strategy, Based On Price Action Theory, That reveals how to take highly favorable trade entries, Now is this something that works every time? No unfortunately in trading we don't have certainty, but what we can actually do is reduce our risk, by taking positions that are more favorable...
ETHUSD logarithmic scale.
The flag pattern is fairly simple with just three components. 1. The flagpole 2.The flag A strong up trend Ideally, we want to see a retracement of 38.2% or less for trend continuation. To trade the flag, you can time an entry at the lower end of the price channel or wait for a break up above the upper channel. Look to take profits by projecting the length...