Trading is like YOGA 🧘♂️
Trading and yoga may seem like two completely different things, but there are some similarities between the two. Here are a few ways in which trading is like yoga:
1- Both require Focus and Concentration:
Just as yoga requires you to focus your mind and be present in the moment, trading requires you to pay attention to market...
Chart Patterns | Triangles & Channels
1- Ascending Triangle :-
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
2- Descending Triangle :-
In descending triangle chart pattern, there is a string of lower highs that forms the upper line. The lower line is a support level in...
EURUSD (Update)
In 4h Chart, EURO Has been forming Falling Wedge Pattern.
At the Moment, It's Heading towards the Major Trendline. (Still in Uptrend)
Now There Are Two Possible Scenarios...!!
1- If Trendline Broken Down, It Might test the 1.102** (Fib 38.2%) Area.
2- If Bulls Hold the Trendline, & Bounced Back, Expecting Wedge Breakout.
In Case of Wedge...
BTCUSD (Update)
In Daily Chart, Bitcoin forming Ascending Triangle Pattern.
Daily EMA50 acting As Strong Support (Tested 3 Times in last 34 Days)
In Bullish Case, If Resistance (10.4k) got Cleared, Next Stop Would be 11666.
If Ascending Triangle & EMA50 (9.1K) Broken Down, then Bitcoin Might Test the Major Support (8.2k)
By the Way, Volume has been...
#BTC (Update)
Bitcoin Has been Moving Between 8.4k-10k Range from last 36 Days. (forming Ascending Channel)
At the Moment, holding the Channel Middle line (9.6k Support) & EMA50 (9464)
Now, there Are two Possible Scenarios..!!
- In Bearish Case, If Bulls lost the Support, It Might Retest the 8.8k Area Support.
- In Bullish Case, It Might test the Major...
BTC/USD (Update)
In 8h Chart, Bitcoin Has been Still Moving inside the Triangle & trying to Clear the Crucial Resistance Area ((6840-6960) .
So far Bears Looking Strong, Might Retest the Trendline. (6.5k)
Next Week, Bitcoin Will Decide the Direction (Make or Break it)
(Waiting for Weekly Close for More Clear Direction)
Please like the idea for Support...
