Hey, I am back with another, this time educational analysis. In this educational analysis you can see some obvious patterns in the chart, that helps you decide when to buy or sell. Simple usage of just three indicators, Volume , RSI , and MACD . At first I though, sure, how can some pattern show me the price movement.. But I was wrong. Ok, so in the time...
BULLISH PATTERNS IN TRADING — I will post Bearish Patterns tomorrow.
Price Structure There are four common structures that are used to identify supply & demand levels on forex charts: 1) Drop- Base- Rally 2) Rally-Base-Drop 3) Rally-Base-Rally 4) Drop-Base-Drop
Price Rules AB=0.382 or 0.50 XA BC=0.382 or 0886 AB CD=1.618 or 2.618 BC AD=0.886 XA
Price Rules AB=61.8 XA BC=61.8 or 78.6 AB CD=127.2 or 161.8 BC AD=78.6 XA CD=AB
BTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this...