Okay, here is a strategy to make more money using leverage, while at the same time risking less money, because your hedging your position with options. In other words, make more risking less. But let’s put things into perspective. Option A: You buy Bitcoin at current price, $9,400 USD. If it raises to $20,000, as many expect, you make $10,600 USD or 112.77%. And...
Descending triangle is in the making. Not confirmed even if we see a rejection at this down sloping trend line. Also just a quick look at the use of the fibonacci retracement tool. We have the extreme high @ 10220 (nice round number 🤔) down to the low of correction @ 8220. A rejection off the 78% fib is common in trading. 78% 38% and the 618 fibs are key in...
Hello, my dear friends!💋 Let's get a little developed👩🏻🎓 Today we a talking about 🔺 TRIANGLES 🔺. These figures 🔺 of technical analysis are distinguished by some “deceit”, therefore they are assigned to a separate category.❗ This is due to the fact, that during their formation it's rather difficult to unambiguously determine in which direction the price...
The market isn't giving anything away as usual... what do you think this triangular correction is? Please leave a comment! *Disclaimer* This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the...
We could see of a continuation of the Coronavirus market crash and see a new YTD low if we see more red candles. #wedge
EURUSD (Update) Forming Descending Triangle & Facing Trendline Resistance..!! If Failed to Clear the Resistance, Expecting Major Support Retest & In Case of Breakout, It Might Test the Resistance (1.096*) Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!
ELLIOTE WAVE LEARNING CORRECTIVE OR IMPULSIVE WAVE CORRECTIVE WAVE RETRACE 50% FIB LEVEL FROM IMPULSIVE WAVE #WAVE 4 NEVER ENTER IN TERRITORY OF WAVE 1 #WAVE 3 NEVER BE SHORTEST WAVE For more learning about Elliote wave please like share and comment if any question
Credit goes to Brian Beamish of "The Rational Investor" for this analysis
if GAIL Breaks lower support level it fall by as much as 10%.
If Escorts closes above 702 level, it can rally 6-8%.
Descending Triangle Pattern Tutorial : Descending Triangle is a bearish pattern and sometimes it also act as bilateral pattern. (about bilateral pattern in the previous post : "https://www.tradingview.com/chart/BTCUSDT/vYen5wAu-Ascending-Triangle-as-Continuation-and-Bilateral-pattern/") A Descending Triangle Pattern can be easily identified if you see a falling...
Ascending Triangle Pattern Tutorial : Ascending Triangle is a Bullish Pattern and sometimes also act as Bilateral Pattern; What is Bilateral Pattern : Bilateral Chart Patterns are triangular patterns; they signal either a continuarion or reversal of the current price movement, mainly it depends on how the price breaks the triangle pattern. There are three main...
BTC/USD (Update) In 8h Chart, Bitcoin Has been Still Moving inside the Triangle & trying to Clear the Crucial Resistance Area ((6840-6960) . So far Bears Looking Strong, Might Retest the Trendline. (6.5k) Next Week, Bitcoin Will Decide the Direction (Make or Break it) (Waiting for Weekly Close for More Clear Direction) Please like the idea for Support...
Long term opening cone shapes as depicted on the chart (blue lines) speaks of long term volatility as a result of fundamental market shifts in sentiment and uncertainty. BREXIT had a large part to play in this but more recently it may be COVID 19. Nonetheless, use the cone as a measure for retracement over the long term. Look for price action to retrace to half...