Push the like if you come to cryptomarket at #1 and #4 areas or write a comment if at #2, #3, #5. I bet it will be more likes. Today, i`ll explain you why you need to come at #2, #3, #5 in crypto and most of traders don`t understand it. As you can see the yellow areas is always the "hype" area when most of the newbees are coming at the crypto market and any...
A healthy trend happens when during a bullish/bearish trend is possible to enter after the breakout and the retest of the resistance/support level.
Every pattern in trading is created by someone. Why not be the author of the pattern? If you see a succesfull price pattern, you can make a backtest and use it in your trading strategy. In this idea i`ll show you some BTC pattern which the crypto follow for 4-5 years. This pattern is very simple. After the consolidation the price break the range and fell. After...
I have seen multiple post including some educational ones focusing or showing how to use the Moving Average (MA) as a sell or buy signal. Here, we have one of the many examples of why it can be dangerous to use a single tool as a "buy" or "sell" signal, especially when that tool is a technical analysis tool. I'm sure there are plenty of example of consistent...
Support and Resistance Basics: The concepts of trading level Support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis . As part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a...
A breakout trader is a type of trader that uses a breakout strategy. This strategy looks for levels or areas that a security has been unable to move beyond, and waits for it to move beyond those levels (as it could keep moving in that direction). When a price moves beyond one of these levels, it is called a breakout.
Price made a fakeout on the first support zone. It took liquidity, on the support below, it retested the zone and it flew up.
Stocks that are falling rapidly often have the illusion that they will never stop falling. The panic that settles into the mindset of an investor who is watching his or her profits and capital erode overnight can overwhelm a stock’s price action. So for a brief time, the stock can behave outside of what the chart patterns would suggest was reasonable. But the...
To optimise your "edge" practice identifying previous demand and supply zones. These zones have multiple titles. Some analysts call them "order blocks".. I do like order blocks because it does assume a square pattern. Accumulation patterns tend to outline as a square whereas RE accumulation will take on more of a triangular pattern. Imagine if you will an...
Hi friends, you've probably noticed that Bitcoin and cryptocurrencies start to rise or fall after consolidation. In this idea I will explain why consolidations happen, how to use this in cryptocurrency market analysis and where the next ATH for Bitcoin will be. 📊What is a consolidation? Consolidation is the small price range. Unlike a bullish or bearish trend,...
Multi timeframe analysis of the S&P500 Index using the Ichimoku Kinko Hyo with original 9,26,52,26 settings, i have also added Volume Profiles (VPVR) and (VPFR) onto the charts. 1 DAY CHART: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-term momentum is upwards at the moment. This will possibly change to...
A while ago Tradingview made it possible to combine multiple tickers, and even do calculations with them. By doing so you can create a whole new ticker! For example: -> Add symbol (+) -> search bar -> type -> AAPL/GOOG or ((AAPL*2) + (GOOG*3)) / BTCUSD or ... -> press Enter -> the chart will appear and is added to your watchlist Sometimes you want a script to...
En este video les explico como he hecho 715 puntos en el activo de AUD/USD en esta semana, también hago un breve resumen sobre el sistema de trading que he esta utilizando durante 6 meses.
Hi friends! Probably all traders began their career by learning the trading patterns. A trading pattern is a price movement pattern in a certain range. Generally there are 2 types of patterns: candlesticks (shooting star, hammer, bullish or bearish engulfing) and figures (triangles, channels, flags, head and shoulders, etc.). The number of them is constantly...
See picture for full analysis. Let me know your thoughts?
What is a key level? A key level is a price level on the chart that creates the support or resistance to the price when it falls or rises. A key level is also called an extremum. 📊There are 3 types of levels in total: 1. Resistance level — when price rises and rebounds down when it test the level. 2. Support level — when price falls and rebounds up when it...
In this video, you will see me analyse my forex watchlists to look for trading opportunities day trading for forex beginners day trading forex strategies forex day trading strategies for beginners day trading forex strategies price action for beginners
Small scheme as holders and buyers based on hopes for growth in the past hope to get a stable trend and get disappointed and go out selling 1) bounce above Supports 2) more rebound 3) Support is broken, but then turned out to be false (support is no longer completely reliable) 4) support broken for the second time (maybe there will be no support in the...