Range trading, characterized by price oscillations within defined support and resistance levels, offers traders a structured approach in sideways markets. However, even within these stable waves, deceptive price movements known as fake breakouts can occur. These false signals can lead traders astray if not properly recognized and managed. In this article, we'll...
The bearish flag pattern is a powerful technical analysis tool used by traders to identify potential bearish trends in the foreign exchange (Forex) and gold markets. As a continuation pattern, it is typically formed after a strong downward move, indicating a short-term pause before the price continues its downward trend. 📚How Does the Bearish Flag Pattern...
The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout from the formation and using the measuring principle. 📍Understanding the Bullish Rectangle Candlestick Pattern The bullish...
Hello dear traders🙋🏻; I'm Pejman & this is the "How to get fish from channels" class. I guess you've heard, "Give a man a fish, and you feed him for a day🍣; teach a man to fish🎣, and you feed him for a lifetime." Like every other educational post, today I will teach you how to fish and make money from the Market River🏞️. As you know, fishing requires patience...
There is a famous saying in the world of trading: trend is your friend until it tends to bend. Following the mighty trend and riding its impulsive moves is one of the most satisfying feelings out there. There are several ways of identifying a trend and hoping on it. One group of people favours using indicators such as SMAs or EMAs for this case. Another group of...
Learn how to identify consolidation. Price action based rules. Directional bias & trading strategy explained. 3 states of the market explained. ❤️Please, support this video with like and comment!❤️
The 80/20 Principle is an enormous time-saver. If you spend 10 minutes learning these skills now, it will have an endless return in the future. An example of a great reward: (lifetime saving of time) to risk (5-10 min of reading). The 80/20 Principle is a very effective concept in achieving efficiency. Instead of wasting resources on unimportant tasks, you can...
Do you want to get better trading Forex? if yes, only way is to put in chart time and do your homework. On naked daily charts (only price action): 1) Find one, two or three day candlestick patterns. both continuation and reversal. What are they? * Chart: in purple rectangles. 2) Find price action key levels ( only xx.000 noted on example chart) 3) Is current...
On 1 hour GbpChf example- sideways, rectangle, box or ranging price action- do not trade this. This is where a lot of money is lost by retail traders. Now the rectangle is not a reversal pattern like the previous entries on this list. Instead, it is a continuation pattern, which means that it is generally used by traders to confirm whether or not a particular...
How to trade consolidations, ranging markets. Most of the time, markets move sideways. lets find out 3 ways to get advantage of these periods.
Bitcoin probably break rectangle below but it will meet with MA200 at $7200. $7200 will next and last bottom accordign to me..
I recently took two discretionary positions on KNC/USDT. In this analysis I've documented my thought process and execution sequentially from left to right in the call outs. In these trades I used several methods of analysis. 1. Chart Patterns My first trade entry was predicated upon a Rectangle Top Pattern I identified KNC forming. Rectangle Tops occur during...
This Idea is First Educational Idea I am a novice Trader and not a Master. I hope that this Idea was Useful. Nas100 Trend Formed Several Technical Subjects 1- Parallel channel 2- Rectangle pattern 3- Pullback and Breakout 4- Harmonic Pattern 5-supply/demand Zone for this reason. I made this idea as Tutorial. please leave a like and comment If it was...
Hi traders, I didn´t open a trade yesterday, so I decided to record an educational video for you. My favorite topic (and very hard to implant for many traders) is TRADING RANGE. The most most most crucial ability is to recognize if you are in a Trading Range or in a Trend. Every stage of the Market requires a different approach! You can find a lot of...