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Centralpivotrange

CENTRAL BANK SYMMETRICALPATTERNHello Welcome to this analysis about CENTRAL BANK , we are looking at daily timeframe perspectives. CENTRAL BANK in recent times heavily decreased with bearishness however it now moved into an oversold condition. CENTRAL BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation CENTRAL BANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how CENTRAL BANK has emerged with this key CENTRAL BANK SYMMETRICAL PATTERN marked in my chart with the black boundaries. CENTRAL BANK is near support region which is an important support and also psychological support-mark together with the lower-boundary of the CENTRAL BANK SYMMETRICAL PATTERN a pullback In this manner, thank you for watching my update-analysis about CENTRAL BANK and its major CENTRAL BANK SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
NSE:CENTRALBKLong
by shanechart
Judging the trend with the CPR BTC bitcoinWhat you see before you is the central pivot range. otherwise known as the CPR. these levels are plotted determining the previous time frames on the start of a new timframe. The three timeframes we see here our the daily levels. the weekly levels. and the monthly levels. These levels are static no matter the timeframe of your candles sticks so I just put them at a timeframe that makes them visible. How can it be used? Well as you can see. when trending up and when it is likely to trend up the next cpr levels are plotted at a higher value. because price is the auction. that is what is important. You can see from the daily cpr we have been plotting lower values and down trending. The weekly levels have been plotting higher value until these weekly values and we are currently facing the prospect of turning that one into a new higher or lower value over this week. and the monthly levels have been in and still are in a uptrending higher value relationship. What to do with this information? Other than judging the trend you will notice. Nearly all of the time. When a new timeframe opens and price is far from the new levels... WE GO AND REVERT TO THE CPR. I put this part in caps because you truly ought to consider the prospects and value of knowing this information. as with enough time and experience it can allow you to trade both directions with confidence and even plot the next time frames levels to be prepared for reversal or re entry. The purple pivot lines also represent the place where you can buy the dips in an uptrend. and sell the rips in a downtrend. Just be aware and patient for them. When untested. it is a magnet pulling you to it. When tested and held or lost it is a magnet pushing you away. Very valuable tool
COINBASE:BTCUSD
by Gunslinger2005
2
How To Combine Indicators to Make Profit?Hello, traders! We have already know many diffirent indicator, but sometimes we can face with the situation when a combination of different indicators demonstrates bad trading performance. Usually the reason of this confusion is that investors use indicators of the same type. We should analyze the market situation in different ways. The indicators can be divided by five groups. TREND INDICATORS This indicators helps to define the trend direction (uptrend, downtrend, sideways). This is very important part of the analysis because the uptrend is the most applicable for long, downtrend - for short, sideways - for range trading. Examples: EMA, Parabolic SAR, Alligator. OSCILLATORS This type is used for the trend confirmation, overbought/oversold conditions defining, to find the trend weakness (divergences). Examples: RSI, Stochastic, %R Williams. VOLATILITY There are can be periods of low-volatility and high-volatility on the market. The low-volatile periods are great for the long-term trading, while high-volatile periods are applicable for intraday and scalping in pullback or range trading. Examples: Bollinger Bands, ATR. VOLUME This indicators demonstrate moments when the volume increases or decreases. It is widely known that the big price moves are usually associated with significant volume traded. Examples: Money Flow Index, On-balance Volume. CENTRAL PIVOT RANGE This is a separate indicator's type because all indicators we discussed above are lagging, it means that it reacts to price action and usually produce the signal too late. The CPR indicator is the leading and is used for the potential price levels. We have already considered it on this channel on TradingView. COMBINATIONS We should combine indicators from different groups to increase trading performance. For medium and long-term trading it is great to use trend indicators with volume (EMA + On-Balance Volume) or with oscillators (EMA + RSI). For intraday trading the volatility and oscillators combination is applicable (Bollinger Bands + Stochastic RSI). The CPR indicator could be added to almost every combinations, because it is the leading indicator. Now you can use this article to construct your own trading strategy. Next time we will consider a simple strategy based on these principles DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Education
by Skyrexio