Deciphering Market Sentiment Through Technical In the intricate dance of market forces, gold's lustrous sheen often reflects the subtleties of economic sentiment and investor behavior. The recent patterns observed in the gold markets, analyzed through a technical lens, suggest a Bullish Change of Character (CHoCH), indicative of a significant shift in sentiment...
The Wyckoff Method, developed in the early 20th century by Richard Demille Wyckoff (1873–1934), a pioneering figure in technical analysis, which is still widely used and resonates within markets today. This comprehensive approach to trading is based on the relationship between supply and demand. Wyckoff's interest in the stock market materialized at the...
How Global Market Shifts Shape the Crypto Frontier In the ever-evolving landscape of global finance, a keen understanding of broader market dynamics is crucial, especially when analyzing cryptocurrencies like Bitcoin. The recent tumultuous events in China's stock exchanges provide a rich context for this analysis, especially when viewed through the lens of...
Mastering MKR Moves: A TLS System Approach Looking into the complexities of MKR's market patterns, we're applying the Traffic Light System (TLS) to guide us through the ups and downs and decode potential trade setups. 🚦 TLS Analysis on MKR: MKR's daily chart shows tactical entry points and critical thresholds, similar to steering a complex intersection...
Trading a Symmetrical Triangle with Traffic Light System: Identifying, Trading Fakeouts, and Ensuring a consistent profitable Positive Expectancy Identify the Symmetrical Triangle: Locate the symmetrical triangle pattern on the chart, formed by converging trendlines with symmetry. Implemention of TLS: Green Light (Action): Observe...
The Retest and Deviation Theory "It's a concept that delves into the dynamics of price retests and deviations, shedding light on potential market behavior. Join me in uncovering the intricacies of this fascinating theory. An intriguing observation, to say the least. While gold is currently leading in terms of price action and movement compared to BTC and...
sorry very very busy, hands full today.. heres my setup on HTF now we're all set for our next trap. The TA is their if anyone is following. now only holding short after closing out long, orderss set waiting for long fill...will be shortly with full update
will update shortly just posting a small idea for today