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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
I don't look at this pattern as a trading opportunity but rather as an indicator, a "driver", for the possible future development of the United Kingdom stock market and then keep an eye on it for all the trades I will consider about the stocks which are part of that index. Let's remember that, although they can work out well, it is never a good idea to trade patterns against the reference index so, if we decided to do it, we should at least adjust our tactics accordingly (i.e. be tighter).
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
I don't look at this pattern as a trading opportunity but rather as an indicator, a "driver", for the possible future development of the United Kingdom stock market and then keep an eye on it for all the trades I will consider about the stocks which are part of that index. Let's remember that, although they can work out well, it is never a good idea to trade patterns against the reference index so, if we decided to do it, we should at least adjust our tactics accordingly (i.e. be tighter).
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.