Simple VS Complex Trading & 100% Possible Success RateHere we have all the classic signals. I am just going to list them all for the fun of it.
PUNDIX did the classic long-term correction that ends in a "low."
This low produces a bullish breakout and here it comes, a perfect falling wedge pattern, this pattern ends in a "higher low" and this higher low is happening exactly at the 0.618 Fib. retracement level in relation to the bullish wave that just happened between April and May. This whole pattern price dynamic will lead to a higher high and these are the numbers you can see highlighted with grey lines on the chart.
These are all classics. When you have these classic signals you can bet they are supported by the MACD, moving averages and the RSI.
Trading above EMA55, bullish MACD with bullish cross, RSI strong, etc. With this we have a combination of all the signals that we used in late 2017, in 2018 and beyond.
I stopped using them because if you spread them too much then they stop working. In this way, those people that learned the system could continue to spot trend reversals using these signals, so it continued to work. I focused on candlestick reading, market cycle, astrology and chart structure to give my analysis a different flavor but it is all the same and it all works. Once you get the feeling of the market, the energy, the pulse, the flow, you are in and you can make accurate predictions most of the time. We are all humans though so don't expect to be always right, it is ok to be wrong.
It is not that we can't be perfect 100% of the time, it is just that we do not have the capacity to do so. If you forfeit your life for this craft, it can be done. But nobody wants to sacrifice that much.
It is better to just buy low and hold.
Sell when prices are up. No need to get the exact bottom nor the exact top and if we make a mistake, we learn from it and move on.
Namaste.
