Hello traders, Here I shall demonstrate you how you can use Camarilla Weekly Opening range S1 to R1 (in tradingview, otherwise Camarilla levels are marked with H1,2,3,4,5,6 (High) and L1,2,3,4,5,6 (for Low).
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If day, week or month opens and price start trending ABOVE Camarilla Opening Range you look for LONGS, targetting...
What Is a Pennant?
In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the...
In this vid I will explain about Price action Basic Tool.
This tool is exceptional and most used in trading and technical analysis.
This video will help new traders how to analyse chart and find trades according to price action.
Bump Like if you enjoyed the video and find it useful.
Best regards,
Artem Shevelev
My Friend. Here will be the best patterns that work on Crypto and XRP:
1. False break out of key level
- U should wait for a pullback to a strong key level.
- Better when a false breakout happens after 100% of ATR drop.
example
2. Wage patten
This BNB trade is the best example.
We made 3% within 1 day))
3. Squezeeng to a key level
The best example will be...
Hello everyone, If you like the materials in this video, do not forget to support with a like and follow.
In this video, we are going to learn how to draw support and resistance in a practical way on NZDCAD Daily timeframe.
Hope you will make good use of it!
Rich
Hello traders!
In this educational idea im going to be going over the 5 different main types of Order Zones on Crypto Charts & how i identify and draw these zones, aswell as what they are used for.
Orderzones are a way of marking on the chart historically significant areas where price had strong reactions to.
The price tends to come back to these areas and...
Welcome Back.
Please support this idea with LIKE if you find it useful.
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What Is an Ascending Channel?
An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing...
Accululation schematic 2. You can see the textbook phase development from a recent re-accumulation into mark-up
Starting on the left you can see the preliminary support/stopping volume/selling climax which is how trading ranges start. A support is established on high volume.
The Automatic rally (AR) is the initial establishment of resistance. It is important...
Single Candle Supply & Demand Zones are a form of Supply & Demand Zones and price can commonly find Resistance or Support on them. For those who are new to Technical Analysis ; "Support" is a area on the chart price and demand (buying pressure) increases from, with "Resistance" being the opposite, with price decreasing and sell orders (Supply of asset) increasing...
Today we will learn how to create a full setup using 5 Price Action items. This process will be made on the 1H chart and is extremely useful for Swing setups. However, the logic can be applied in any timeframe. This can also be applied to any direction today; we will work with a short setup, but it is the same for a long setup.
1) Daily Resistance zone: If we...
Here, we will expand the information about the chart.
Corrective Structure: Tell us about an accumulation/distribution process. That means that Institutional funds are trying to buy the maximum amount of an asset. Remember, they have a lot of money. They cant set a buy order as Retail traders do. They need to average their buy on a range (that takes time). The...
Supply & Demand Clusters are a form of Supply & Demand Zones and price can commonly find Resistance or Support on them. For those who are new to Technical Analysis ; "Support" is a area on the chart price and demand (buying pressure) increases from, with "Resistance" being the opposite, with price decreasing and sell orders (Supply of asset) increasing from the...
Good morning traders!
Today we want to show you a practical case of how to apply multiple timeframes for the complete development of a trade. In this case it is BMY stock, and it is a trade that we ourselves will take if what we are expecting happens.
🔸What can we find in this chart?
- First, what we can see is that in the 4H timeframe, the price has been...
Today we have another Academy Post. In this article, we will explain the way we trade pennant patterns on a real setup.
FIRST STEP: Understand the context
-In this case, we have the price inside an ascending channel (that provide us a bullish direction)
-The price is at All-time Highs ( Next Resistance zone, the upper trendline of the channel)
-The price is...
Good morning traders! We hope you are having a beautiful day.
🔸Today we want to show you our vision of bitcoin in the short-medium term and explain why we see it extremely bullish.
- Speaking a bit of the context and history, we can see that bitcoin hits all-time highs in late 2017, reaching almost $20,000. After this, there came an abrupt decline that found...
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected...
Great day to learn something, today; we will understand how to use corrective structures to develop a setup on any chart.
a) There are 3 types of Corrective Structures, Zig-Zag (first example), Flat (Second Example), Triangles (third example). Use them as an archetype to spot them on a chart.
b) Now that you understand the types of corrective structures is...
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected...
