One of my favorite entry patterns on daily, 4 hour or 1 hr chart pattern (can use on lower time frames too) Example of a bearish 4 hour A-B-C pattern GBPJPY attached chart: Rules: 1) Wait for 0 leg to A leg (bearish trend) then 2) Wait for A leg to B leg (bullish pullback back upwards, but not above A price) then 3) Entry once B leg breaks the low of A leg...
can you ask? let's do this for my masters thesis. all the things are marked. huh. interesting? what? no. I am misunderstood? But can you prove it? Can you prove it? Is he literally lying? 3 times or 2 times, that's no offense. I like betting.
As promised i have made the video explaining you my little secret. backtest it on other assets and you will be surprised what you will find.. if my content brings value to your trading please consider following and sharing me here and on twitter and donating some Tradingview Coins would be of course also very welcome. looking forward seeing you experiment with...
Hi guys so today I wanted to show you how are usually how I usually identify an uptrend. I would like to add that I came up myself with these particular time frames by doing very precise calculation and mathematics by using the Fibonacci sequence order and the laws of the universe in order to determine it. You will see these time frames will make you bank...
One fairly easy and useful pattern for determining reversals is the AB=CD pattern. The pattern simply looks for two rising or falling legs up or down respectively. Then one simply measures the retracement level from point B followed by the projection from C (luckily tradingview has a tool to assist with this). If these values equal a 0.618 or 0.786 retracement...
Hi CryptoPatel Family! This is a Informational/Educational post on one of Trading strategy PnD( Pump and Dump). Basically in other words we can correlate it with another word SCAM, we should try to always avoid these kind of strategy. By following this we can end up with major loss. Always remember there is NO shortcut to SUCESS. First LEARN then remove...
BITBAY:BTCUSDT sometimes feels like a winding road of volatility and confusion. It is until you understand the meaning behind the madness... In this week's: What The What?1? with @SwayzePunkz. SwayzePunkz is an educational service, we're, of course, never soliciting any products we're just looking after the average investor, from beginner to advanced with some...
All trading requires an understanding of how markets are related. Understanding these relationships will put you ahead of others that don’t get it. Mean reversion and spread trades require a deeper understanding of how markets move together and how these relationships change. Like the weather, the degree of correlations, lag, convergence/divergence change all...
This is my first backtest. Here we have USDJPY on the 15m chart from 11/19/20. X-A retracement measure in at 0.746 and the X-A projection was spot on at 1.272. SL was calculated just beyond the 1.414 level on X-A projection. TP levels were 0.382 and 0.618 on the A-D retracement. Trade would have been entered at 04:30 UTC-5. First TP achieved at 06:00 UTC-5. Second...
Everytime you see a pattern like the one shown on the graph you can start watching for possible short entries. For stronger confirmation the right shoulder should be lower then the left one (not exactly what happens in this exemple but still an Head and Shoulder Pattern).
A close above previous high shows that the buyers are leading the current wave, a move back to test the pivot 1 could be doable but not so easy considered the actual momnetum. Only with a move back and with a close under pivot 1 we will reconsider the long positions opened in the 0.05 ish. Update of:
Hello People !!! We have all heard of Michael Saylor and we can say that we are your followers on twitter that every time he posts that he is buying bitcoin then we go too. But the main fact is that how much is the possibility that he is dipping bitcoin at a price we can not predict? Since as far as I understand every time he is buying it becomes a 5% climb and a...
Volume is one of those indicators that remain as part of the standard palette of essential indicators (if there is such a thing), and yet, from intermediaries, brokers and exchanges, they teach you how to use it incorrectly. . Ultimately, as with most misconceptions, it is perpetuated by group mentality and dogma, and makes traders who use them fail. However, it...
Long term analysis shows NIO may still be extremely weak and ready to be a leader on the downside. Are the bulls here to stay and can they save NIO? NYSE:NIO
This chart's support and resistance was inspired by Crypto Face's spider line drawing method, I took candles from the monthly time frame and toggled 'Log' and drew the lines all the way from the first BTC monthly candles. I took every Monthly candle and drew extended rays, first point coming from the top of the first candle low candle of each cycle, second point...