Many weeks ago, I freshly published this chart. I wanted to make a longterm project out of it. The idea behind this chart is, to show you LIVE how pure Action/Reaction works - and that it's not a mystery, fake or something "balloonie". Here you have 5! reactions in a relative short period of time. Let's go through them right now: 1 Overshoot and fall back...
Chart patterns are great ways to anticipate reversals of trends. Other indicators like MACD and RSI can help you figure out more exactly when but identifying chart patterns are a great way to see a reversal coming. The first step is knowing how to draw trend lines. With these you can more easily see how the range of a certain move is changing. If the range is...
And there are much more... Targeting 1.17000 1.14000 Better to wait and see if it will be able to break above 1.23600.
This message is for the cryptomaniacs that are still brainwashed regarding the situation of Bitcoin and that are calling me a noob since a few months : Bitcoin is the future of money, a virtual gold, only smart people understand its true value, it is a gift from Gods, i am too stupid to understand it,... The problem IS that i UNDERSTAND it. The rich persons that...
Hi All, This is just a initial stage of the pattern, the pattern usually change to ascending/descending triangle and sometime to raising/ falling wedge or a channel. Just monitor on the declining of the volume until the breakout volume spike. (to identify the target price). 1. Descending Triangle - This pattern is usually a continuation pattern, but some cases,...
i draw some educational patterns and trends in ford's stock price and how price changes due to the patterns.
Or rather, Bolling for Bitcoin. I love Bollinger Bands. (Insert standard "TA isn't always perfect" disclaimer here). While not exactly precise, you could think of them as a cross between Simple Moving Averages ("SMAs") and trend channels. The upper and lower bounds are statistical variants of the SMA, and the size of the trend channel translates to the degree of...
Right now we are witnessing a bear market with increasingly bear sentiment from the masses. With that it seems BTC is starting to FADE off in the distance from ATH. Bears keep reloading and dropping reloading and dropping. The last pump from the .786 retracement was a DEAD CATS BOUNCE. We are coming to the end of this triangle where two huge points of energy are...
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, Previous Bear Flag and Raising Wedge Target is complete and lets see latest pattern. Since Daily Stoch still bearish, we probably will go another bear pattern. Symmetrical Triangle. Symmetrical is a Continuation Pattern. Since the Entry is from bearish trend, it will continue going downwards. MACD and stoch RSI in 2 hours look bull, but probably denied...
A simple analysis of trading psychology that was recently happened on EURUSD. 1. Price broke through the upper trendline, breakout players jumping in and start buying the pairs. 2. The big players(institutional, hedge funds, etc) let the market ran for a while to wait until a lot of bulls entered the market. 3. Most of novice traders are easy to read, so the...
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...
A little cluttered but shows how whales/MM create liquidity for large positions. This method works very similarly in Forex. EURUSD is a great example.
Following a trade I took on EURNZD which I tentatively classed a good trade despite the outcome (it was a loser-see link below), I have since done some post-trade analysis and would now class this a "bad trade", at least from a trade management perspective. In quick summary, the trade was based on the expectation of continued bullishness in the pair and a break...
The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time. *REFER TO CHART: for further information: 1) Buy in lots of 100 shares TTEC 2) Current price: $36.80 3)Purchase price: $36.80 4)...
New trend line coming into view using Bollinger Bands . Also I've added some extra colour to indicate double arrows pointing down in blue and those up in pink. Hard to see but the only way I could show big picture.
Details are in the chart. After an impulsive phase, gold has been consolidating within a triangle pattern in the last 2-3 months. A break out could be possible in the near term. For more info about triangle pattern and Elliott wave, check out this link www.elliottwave.net Stay tuned !
Just though to show Williams Fractal I've referred to which has shown up three times since Feb low. Also shows where my MACD signals have showed up.