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Trenfollow

BASICS TECHNICAL ANALYSIS - TREND - SUPPORT - RESISTANCESimple explanation about trend, support and resistance. A trend can move in two directions. An uptrend defined by higher lows and higher highs, or a downtrend defined by lower highs and lower lows. Then there is the sideways phase . As the name suggests, there is no trend here. The trend line will be pulled upwards along the significant lows during an uptrend and pulled up the significant highs during the uptrend. Common mistakes with a candlestick chart (candles chart) which I could observe here: The lines are partially pulled along the candle bodies and that is FALSE. If there is a shadow, then the line is drawn on the shadow and not on the body!!! Resistance: When a price moves from the bottom to the top and pull back on the same point (price) over and over again. Support: When a short moves from the top to the bottom and pull back on the same point (price) over and over again.
COINBASE:BTCUSDEducation
by i-like-profit
USD/CHF: Swingtrade-Opportunity#FollowTHEtrendHey tradomaniacs, welcome to another free signal! Important: Wait for a strong rejection at the Trendline - We need to see a clear bearish reaction! ----------------------------- Type: Swingtrade Sell: 0,98580 Stop-Loss: 0,99087 Target 1: 0,97916 Target 2: 0,97728 Target 3: 0,97016 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
2