Hello, my lovely and so clever friends! Today we are talking about <> 🧡 💥 Head & Shoulders Pattern 💥 After the pattern has become clearly visible, namely, the right shoulder is clearly visible, the trader needs to wait for the neckline breakout. Breakouts occur on strong impulses with a sharp increase in volume. Therefore, in order not to miss the...
Hello everyone: In this educational video, I will go over how to identify valid, high probability price action structures/patterns in any market. I will go through price action structures/patterns from a multi-time frame analysis point of view, and how using a top down approach will help you to understand how to capitalize on higher time frame price action...
6.1.20 Dealing with Impulse/impatience; gold silver oil ES Dow NewYork Russel 2-618 reversal patterns ( but with bullish price action )
Intraday data is based on time frames from the 4 hours and below. For these time frames, the short-term trend in the daily charts will be seen as the long-term trend in the intraday time frames. For those who are keen to trade intraday time frames, they need to know that patterns on these time frames or charts have three principal differences from their...
It is interesting to study trends and how they interact because the price level of any security is influenced simultaneously by different trends. Hence, why we need to note some application of trend classifications as it applies to trend interactions. 1. When we see any specific price pattern, our first question should be: Which type of trend is being...
Price patterns are patterns that were made by price based on the relationship between time and the movement of price on a price chart. They could be based on a single bar or candlestick, two or more, or even several bars or candlesticks. For now, I would be using just bars. They could be just for one session based on the timeframe or several sessions or days. The...
Or, Are those Sunny Skis ahead? 6-Apr-20 With the entire world a bit shaken by everything in it including the Support and Price of Bitcoin is now a good time to see how historically Bitcoin has turned the corner after being “clipped” by a “Black Swan”? You might say we can’t like Peter Schiff since its history is too young to reference the “2020 Black Swan”...
Each price point is to every low from Jan - Dec of that year. Dec - Jan is missing on purpose, it also is highlighted on the chart with circles. Using your skills of analysis and prediction, what do you think happens next?
Hello, I just posted an idea on why I don't like taking breakouts, I mostly do double bottoms on support, but I really loooooove Bit. Connnneeeect. Er I mean triangles. And as a support and resistance "expert", I know when to buy or not (well sometimes). I got a idea of when they are probably not going to hold much longer, and you see, from one strategy it can...
Understanding trends within a pattern gives analysts the ability to better understand sentiment and directional pressure. In this example, pattern extremities were highlighted. Then, on a lower timeframe, trends within said pattern drawn. Overlaying timeframes is a necessary part of a complete analysis, and a complete commodity analysis can help piece together...
One of the first things to know about rising and falling wedge patterns, is that they’re a great indicator of an upcoming reversal. Much the same as other wedge patterns, they’re formed by a consolidation period representing either distribution or accumulation. While both rising and falling wedges can form over a period of any length, typically the longer the...
Small details inside structures can be great clues which force (buyers or sellers) is more likely to break-out.
A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. A head and shoulders pattern is comprised of three component...
in trading you will see this patterns over and over again this is how the market works. Don’t let pullbacks scare you a pullback needs to happen in order for price to continue its movement. If you see below on the chart if you have bought all the way down you could have got all that move up without being scared of pullbacks because you know and you are confident...
Hello my dear followers and newcomers Today I´ve prepared another educational pattern TA. XLMBTC chart shows possible Cup & Handle pattern forming as title says. Full info about C&H pattern with awesome vizualization you can find in the link below www.investopedia.com BUY & SELL trigger is based on previous call
In this video I look at an interesting compression on the 15 min EURUSD and quickly review a critical price position on the US30. This follows up from my other videos. A strong EURO is not great for the Ger30, so if it strengthens around now, there could be more bearish pressure on the DAX. The DAX tends to rule the worlds markets and has not suffered as...