Chart Patterns - Bear Market Scenario Hi there,
i have been sharing the chart patterns which are seen on any type of price charts. (CANDLESTICK CHART) and after research and experience, i see that the price move via various ways or concepts.
as per my experience, i see that the price move via waves & correction, and react to supply and demand levels. please share it and one may need it. and this is seen any type of instruments like stocks, forex, commodities, Futures & options. crypto. etc. in time frame for BEAR MARKETS ONLY.
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Chartspatterns
NASDAQ DAILY as you can see the price io going up to the resisatance zone 12452 its an important resistance it might be negative reaction from this resistance pay attention to this level
what do you think ?
XAUUSDGold is just consolidating inside this wedge this week ahead of FOMC. There is a good chance it will consolidate until then. I am still favouring upside for gold at the moment nothing has changed for me. Still inside the wedge and it could continue down to the outer trend line for a 3rd touch. if it breaks the outer trend line i will be looking for sells