Hello This is a strategy that can be confirm via pattern identification, harmonic forecasting and fib extensions. ABCD harmonic fib extension • The safest way to use this strategy is to start analysing at number 2 • At number 2, a reasonable swing has occurred and we can estimate that it is 0.113 • Draw up you fib ext from the HH to the LL and then set the LH to...
Are you looking to add harmonic patterns to your trading arsenal? You can try the Crab pattern. In this article, we’ll explore the basics of Crab patterns, the key rules and requirements you should be aware of, and learn how to use this versatile tool across all markets. About the Crab Pattern The Crab pattern is a harmonic pattern used in technical analysis...
Are you familiar with the ABCD trading pattern? In this article, I will provide a comprehensive explanation of the ABCD trading pattern, including its characteristics, how to identify it, and how to use it in trading. So, sit back, relax, and enjoy the information provided in this article. The ABCD ( AB=CD ) pattern , It's a harmonic pattern that is easily...
Forex correlation is like a game of tag. You know how when you're playing tag with your friends, you all run in different directions and some of you end up running together while others run in opposite directions? Well, in forex trading, currency pairs are like friends running around in different directions. Sometimes, two currency pairs move in the same...
Sometimes when talking to other Forex traders you might hear a reference to a nickname that you don’t understand. “I’m looking to long 10 lots in Cable, what are you thinking?” “Hmm, have you taken a look at Fiber? Support looks like it might be breaking across the board.” Wait, what? I thought we were talking Forex trading over here? Although It may seem...
Good afternoon gold gang, hope you're having a good weekend. I thought id hop on to share with you a piece of information of what i mean by clean range. Ok .. Say you have 2 key levels in price .. we have had a big news event causing a big red candle to the left hand side. This has left what is called an imbalance. An imbalance is where the wicks of the...
Introduction : Are you looking to skyrocket your trading profits? Look no further! Today, we will uncover the hidden gem of trading patterns: the Wedge Pattern. This powerful tool has the potential to transform your trading strategy and help you achieve financial success. Let's dive into the world of wedge patterns and explore how you can capitalize on their...
• When price breaks a trendline and begins to move to 0.5 fib level, • The inability of price to go beyond the 0.5 level is an opportunity to take a trade • Enter a trade at 0.5 and close at extension of -0.27
-We are seeing in the news the movements of some important countries in relation to the “boycott” of the dollar in their commercial transactions. Countries like Brazil, China and India can start doing business with each other in their respective currencies. -Here are some questions that need to be answered: a) Who is this type of arrangement good for? For the...
• This is a reversal pattern and you can use it for a short or long position as long as you can identify it on either an inverted or normal chart • The pattern is characterised by Higher low followed by a lower low and a deep dive that can be traded. * You can allow the deep dive to play out completely before taking the reversal position * Research more on...
Hello guys, an educational post about Quasimodo or QM pattern. Good luck. If its useful please like it as a support and follow me for next analysis :) . salam be doostan ye post amoozeshi dar morede olgo QM, edame video be farsi ham toozih dadam. moafagh bashid like va follow faramoosh nashe :)
Yesterday when I spoke about speculating a sell around $2026,00, that's what you're seeing happen. A good profit, small exposure of my capital, and even with a leverage of 1:30, I am currently making a 27% TP ( my S/L position ) at the moment in 12 hours. Have patience and discipline. Ask yourself: How long would that money take to grow that amount? We are...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this...
Top Pullback Trading Strategies In this article, we will be discussing some of the most effective pullback trading strategies that can assist forex traders in identifying ideal entry points that align with the current trend. These strategies enable traders to take advantage of short-term price retracements, allowing them to navigate the volatile currency market...
Reversal Technical Patterns overview: Part One Reversal patterns are frequently spotted at the end of the bear/bull market cycles. Here are some of the key patterns with higher probabilities. Can be applied to any market, including forex, crypto, stocks, indices and metals. Double Bottom (Bulls) Double Top (Bears) 🔸A double bottom pattern is a classic...
In summary, understanding and analyzing price structures is essential for successful trading. It allows traders to identify trends, manage risk, time their trades effectively, and develop winning strategies that align with market conditions. Thanks for watching, make sure to leave your comment below, my next video will showcase how I plan to buy back Bitcoin.
market movement not random. it was created. most of us as a retail unaware about that. and this is the circle of market. hope it can help you you can see the circle on High Time Frame
After extensive efforts, the leader of FTX and FTX US has reported the discovery of billions of dollars in debt on both exchanges. FTX US, a leading digital asset platform, has announced a total of $374 million in assets, with the majority of the sum held in associated accounts. This marks a significant increase in the platform's financial stability since its...