Bearflag:is a sharp,strong volume decline,several days of sideways to higher price action on much weaker volume followed by a second huge decline with a strong volume.Target is a NEW LOW Target: for a bearflag pattern is derived by height of the flag pole(ex if this height is 5%) the decline target for breakdown will be 5% Bearish Pennant:this pattern is bearish...
Contents of Video: 1) How I approach looking for a Bearish and Bullish outcome on my trades 2) Identifying actual trade triggers that make me take one side over the other 3) How you can easily switch from being a bear to a bull and vice versa 4) Go back on your losing trades!! Spot the reversal patterns that caused you to get stopped out. Apply this hindsight to...
The 2018 BTC Bear Market is littered with these Meme triangles. Despite many CT accounts suggesting they're bullish formations, 75% of them are 'Continuation patterns' See well known educational websites. The current Triangle we're trading in is arguably a 'Descending Triangle' which is bearish. Previous formations in this bear market have resolved with a...
We are only in the early phase of step 2... Can you see it? Markets are governed by fundamentals and psychology. Crypto fundamentals are non-existant, hence it all makes sense, they are fully governed by psychology. Does not matter if we go up or down, it's all the same. And the exact same people that were in disbelief in the early stages of it going up are now...
FX:GBPUSD Description: GBP/USD shows strong support within DeMarker indicator (DeMarker was used to replace RSI and Slow Stoch) MACD and MACz Vwap shows continuation of the bullish uptrend for hourly and daily chart high time-frames Within opening bell wait for Fractals v9 TUX EMA Scalper and CM_PSAR EM Envelope confirmation for the entry...
I don't disagree with the notion that right now we are set up almost identical to the market in 2014. I don't disagree that we probably have a while longer before we see a bull run. But I am pretty confident we aren't going to see 2+ years of bear market and I don't think we will see a 2+ years of bull market after. I think what we are experiencing is the final...
The "Moving Average Convergence Model," also known as the "MACD Model," is one of the most widely used indicators for trading endeavors. It consists of two lines representing the short term and long term moving averages. The blue line represents the 12 day short term moving average or SMA for short. Likewise, the orange line represents the 26 day long term moving...
Chaikin Money Flow (C.M.F.) Definition Chaikin Money Flow (C.M.F.) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. C.M.F. then sums Money Flow Volume over a user determined look-back period. Any...
Dear All, If you follow my previous TA, this is the part of it and a details analysis on the breakout of the Symmetrical Triangle. Since this is Educational TA, let me explain in details; What is Symmetrical Triangle? 1. Symmetrical Triangle is a continuation Pattern. So you need to look where is the entry. For this case, the entry is from bearish trend. Once...
Hi All, This TA is just for Education Purpose. The price target for both is below $8000. 1. Bear Flags. Volume is decreasing until selling volume coming in. 2. Raising Wedges . Volume for wedge is decline until it reached breakout points. *This TA is for Educational purpose and not a financial advise. If you are happy with my charts and would like to follow...
We are seemingly heading towards a bear trap after a succesfull bull trap. $6.9k level will be the deciding point for this battle...Should we slide to $5.9k and below, we are gonna be looking for a bottom...who knows where that may be, but it's not in the 5's i'm afraid.
Hey guys, just wanted to post this quick educational analysis of what a bear flag looks like and how to calculate the measured move. Pretty straightforward from the chart, but if you have any questions feel free to comment. Also, this bear flag ties in with my other idea that is linked below in case you want to see how it plays along with the current situation....
If you look at nearly any other coin, you’ll see it trading sideways for the last several days. That’s because the entire crypto market is holding its breath, waiting to see if BTC will break through its $11k resistance point (solid red line). There’s no need for an analysis at this point… …let’s see what happens, shall we? Indicators: Dotted green line: We...
General RSI Indicators applied to the ETCBTC D chart (where present). This helped me in taking in the lesson below from Crypto Cred. I hope others find it useful. Source Used: Thanks Crypto Cred!! www.youtube.com www.babypips.com
In my previous chart of EURUSD, you will find lots of details explaining why I am anticipating a new bearish cycle in which the wave 4 (in circle) was about completed and wave 5 (in circle) was about to commence. There are lots of additional charts in comment section to help validate longer term view. This chart is linked below for your reference. We did not...
PFF formed a downtrend parallel channel. A downtrend parallel channel (bearish channel) is a continuation pattern that slopes down and is bound by an upper and lower trend line. The upper downtrend line it is called main line and marks resistance and the lower downtrend line it is called channel line and marks support. For a bearish channel, the main line extends...
IBB formed a rising wedge. Both lines are uptrend. The angle of ascent is steeper on the support line. The pattern form highs higher than previous and each low is successively higher as well. After a few attempts, the prices finally break through support. To confirm the breakout, the price should close below the support line, if so, make a short. The profit...
Market develops in FRACTALS. Understanding how each timeframe is developing is important in timing our trade entries. When we decide to take any trade, we now have a better understanding and expectation of our trades. Practical Exercise 1) Find an example where the two timeframes' bias are aligned. 2) Find another example where the two timeframes' bias are...