In parts one and two (linked) we covered the basics of reversal bar patterns including hooks, pipes, and keys. In this piece we focus on the buying and selling climax. In the final installment we will focus on upthrusts and springs. The patterns covered in this series represent an overt change in the balance of supply and demand. Importantly, very few patterns...
ADAUSD - Climactic Point and a Deep Automatic Rally After the Reaction Wave the Trend is still relatively Bullish, for now. The Automatic Rally, so deep, could begin the development of a Trading Area. GA - Rockets, my new Trading View Script, is ready. It includes Algorithms for Trend Productivity. It will be available soon on my Trading View Profile with an...
SUGAR - The Bullish Extension has Become Climactic Developing a Trading Area, Normalizing the Over Extension. This Commodity is Outperforming the US Commodities Composite Average. Details on the chart. Major details in the Profiting Me Finance Analytical Tool. Thank you Girolamo Aloe Founder of Profiting Me Finance Analytics Disclaimer Nobody in Girolamo...
TSLA - Bullish Momentum is Weakening, Over Extended Price. The Over Extended Price has become Climactic. Now the price is developing a trading area, normalizing the overbought condition and decreasing the volatility . For those who hold long investments, the Asset Value at Risk is very low. But it will advance with the decrease in the Volatility Range. This...