Baby Steps Pattern- High Probability of Good Up-Move. This is only for Educational Purpose. Not a Buy/Sell Call. Do your own Research! (DYOR)
In this Knowledge Nugget, I have explained about our "Necklace" Pattern identification. Such stocks in making Necklace may give you 2X to 4X returns in shot span.
Introduction: In the world of technical analysis, traders are constantly searching for new and innovative methods to gain an edge in the market. One such technique that has gained popularity in recent years is the use of "hard closes." In this idea, we will delve into what hard closes are, why they are considered superior to conventional crossover methods, and the...
Building on my previous article, "Top Technical Indicators Pairings", that explored the powerful duo combinations of technical indicators, I am excited to share my research on the top trio combinations of technical indicators. This article aims to shed light on the intricate relationships between different indicators, and how using them in groups of three can...
Hello, my dear traders🙋🏻. Welcome🌸 to the Charts section📈. My name is Pejman, and this is the Museum🖼️ of Technical Analysis in Tradingview. I'm your tour leader on this visitation, and we will get to know all the Charts well together📊. I'll provide the necessary information about each Chart and answer your questions✅. 🚫So during this tour, please don't eat🍟or...
Hello, my trader friends🙋🏻. I want to tell you the story of Technical Analysis, its advantages & disadvantages. We're even gonna learn about its branches. Like any other science, Technical Analysis has come a long way, and it's still evolving. But why should we learn it and know it well?🤷🏻 When you're trading, you may be afraid or greedy. But how do...
Not all indicators are useful: most are not, and some are downright misleading. Previous posts and studies, such as LuxAlgo's(1), determined that effective indicators need to: 1) produce data to support the trader's decision-making process, not substitute it with automated strategies, 2) produce non-redundant infos. But how do you select indicators in practice?...
A. Fibonacci Series 01. The Fibonacci series is a sequence of numbers starting from zero arranged so that the value of any number in the series is the sum of the previous two numbers. 02. The Fibonacci sequence is as follows: 0 , 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, … B. Properties Of The Fibonacci Series 03. The series extends...
The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows. This pattern appears in a downtrend and is a combination of one red candle followed by a larger green candle. On the second day of the pattern, the price opens lower than the...
Someone asked a question on how to add a trend-line indicator to their chart hence why I made this visual tutorial, so now you can try it out yourself too, it can show you good channels if you try different time-frames. This is what I used previously until I discovered an even better one. Trend indicators are very useful to incorporate in your technical analysis.
As we can see from the monthly and weekly chart analysis, AMEX:CQQQ got into a one way run up bullish trend from mid 2016 right up to October 2018, at which point markets got a consolidation stage and bulls were unable to make higher highs and found resistance price peaking near USD 67 levels. At this stage, when you observe the weekly charts carefully, price...
BITFINEX:BTCUSD Chart speaks louder than words. Comment your views. *This information is not a recommendation to buy or sell bitcoin. It is to be used for educational purposes only.
I am posting this chart in order to show you how easily you can take profit of the market if you keep the analysis simple. You don' t need many indicators that could make you confused. In other words KEEP YOUR CHARTS CLEAN. Then you would be able to understand in depth what you cant see in a messy chart. As you can see, first we have a strong bearish move. So...
Hi All, I recently have been asked to publish this diagram for executing a 2 target order. I have labeled the diagram with order sequence in a perfect world scenario. Steps below relate to numbers on chart I am not telling you this is how everyone does it and this is only based on the questions I have been asked, every strategy has its own order entries stops...