Greetings, @TradingView community! When it comes to analyzing market trends, there's a technique that takes trend theory to the next level: price channels. This is @Vestinda, bringing you a helpful article on the topic of the price channels, also known as trend channels, offer an exciting way to identify optimal buying and selling opportunities in the...
Price Action Trading Strategy. 1. Make Channel & highlight Imbalances (3 Touches for confirmed Trend Channel) ENTRY 1:. Wait for price to pass Imbalance in trend direction. Then Wait for Break/Retest of Trend Channel (showing trend weakness) + Entry Setup (Double Bottom, Head & Shoulders, etc.) Entry Signal- Engulfing Candle, Doji, RSI OB/OS, MacD, etc. ENTRY...
Hello All, This video was made to show how to use Trend Lines Pro indicator and options in it are explained. If you have questions please drop a comment under the video. Thank you for watching it! Enjoy!
Hello, dear subscribers! Today we are going to discuss a very important topic of the trend trading. The trend channel is the most reliable tool of the trading during the trends. Here is an example of the ascending trend channel. For novice traders it is recommended to execute trades only in the direction of a trend. First of all we should determine the trend...
Hello, dear subscribers! Today we are going to consider a very important tool of trend trading - the pitchfork. What is the Pitchfork? The pitchfork is the variant of the trend channel. The difference is that pitchfork has an inner additional channel inside the big main trend channel. The median or the centraline divides these channels in to two parts. It is...