What's new in this indicator Support and resistance levels have been re-coded to give you a cleaner visualization. as always when you see a support indication you set the support level at the close of the candle. if they cancel this red you place it at the bottom. If the candle is green you place it at the top. You always place the S/R level at the close of the...
🔥 Why does a bear market make traders rich? The answer is very simple. All really rich people can buy any asset at a big discount. In crypto this discount can be up to 80% and sometimes more than 95%. 📊 But why is it a bear market and not a bull market that makes traders rich? A bull market helps active traders (scalpers, swing traders) a lot, especially to...
You're watching this video because you keep getting stop-hunted. You feel like every time you enter a trade to the market it immediately goes the other way and you get this little spike out the top or the bottom of a candle that knocks you out of your position and takes out your stop loss. This is most likely due to Market manipulation on your charts which is...
BINANCE:UNFIUSDT BYBIT:UNFIUSDT COINBASE:UNFIUSD Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes! Delta only shows us market orders. NB!!! Bearish CVD: (used in this trade) Price making LH but CVD making HH. People are...
Learn how to trade multiple time frame analysis. Includes important theory and real market examples. Entry/stop/targets explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Price pulled back and closed at the 38.2% Fibonacci Retracement Level ; 50% Fibonacci Retracement Level ; Horizontal Support Resistance Level ; EMA 10 Support Level ; EMA 20 Support Level. These conditions created a favorable environment for a long position in the currency market. Watch for more of these conditions for high probability trade set ups.
Today, I am going to explain the concept of trend lines, support and resistance. Above is the weekly chart of the EUR/USD, period between 2017 and 2022. The resistance or support level is where the price gets rejected at least twice. After that, traders can draw a line connecting those swing highs/lows, which later turn to be the resistance or support. This line...
What is your favourite pattern in trading? Write in the comments below this educational idea. I think one of the best patterns is liquidity collection. This pattern has become so common in Bitcoin trading that it is no longer considered unique. But if you look at the history of trades over the last year, you can see the profitability and reliability of this...
Hey traders, In this post, we will discuss 3 classic trading strategies and stop placement rules. 1️⃣The first trading strategy is a trend line strategy. The technique implies buying/selling the touch of strong trend lines, expecting a strong bullish/bearish reaction from that. If you are buying a trend line, you should identify the previous low. Your stop...
This shows off what i've noticed what happens with the Stochastic RSI and price action when it breaks out of a pattern to the upside. Not sure if its always going to happen but i see it on all time frames with a pattern, when price breaks out the stochastic rsi usually gets overbought as price breaks resistancec and when the stochastic rsi comes back down to...
When the bull market start with a good news? It`s always bad news at the beginning of the uptrend: in 2015, 2019, 2020. Always the same situation. And now we a here in 2022 and bad news at the bottom of the market. Push 🚀 if it looks similar to other cycles. In this idea i explain you what is liquidity gap and global situation on BTC. You can identify it...
The Inside Bar is a lovely pattern that shows consolidation in a valuable way. As you can see the candle parent candle creates the high and low that will low key to know the consolidation is over. Price staying inside this area tells you so many things ! 1. The Market volume is low in terms of trades being executed on the instrument. 2. Where price is at fair...
Altseason is a time when you can increase your deposit by several times in just a couple of weeks. But how to identify why and when the altseason starts, what is domination and what altcoins to buy? We will talk about that in this educational idea. 📊 What is an altseason? Altseason is a period in the cryptocurrency market when altcoins grow by 50-100% or...
Hi friends! Do you want to know what zones I marked on the chart? Put 🚀 and read to the end. In this educational idea I will explain a few traders secrets that will help you stay profitable in any market for the long term. Take Bitcoin as an example and you'll be surprised how often the same mistake is repeated by beginners and understand how professional...
Regardless of what legendary investors (Like Warren Buffett ) or famous traders do, we always should trade our own strategy. OXY was fighting with a strong static resistance and finally lost the battle. We have 9 hits to this static line which shows how powerful it is. False break outs are among the most common traps in trading . Although the concept is very...
False Break outs impose considerable loss to traders. How to recognize a false break out? To recognize a false break out we should first learn what is a true break out? In fact,simply, Every break out which is not a true one is a false break out. BTC in it's recent movements shows two beautiful example of false break outs. As shown on the chart, we have a...
The rule of 30 is a concept that allows you to find the timeframe you should use for confirmations on your trades. Keep in mind that this gives you an idea of the timeframe range you should be looking in and not an end all be all timeframe for that trade.
Every trader want to catch the pumps because only in this situation you can get the highest RR. In this educational idea we will talk about pattern which help you to identify upcoming pumps. It`s a base pattern. "Base" is consolidation pattern which is forming at the market bottom and a part of famous cup and handle pattern. "Base" is acually a copy of cup and ...