This is a simple one - a structure zone on CADJPY 3-DAY time frame.
Some say the more times price hits a zone like this the greater the probability of a breakthrough. That's generally true. The trouble is that no one knows how many hits are necessary.
I previously showed that CADNOK remained contained for 4.6 years.
Stocks covered: 666
Received premium: 666USD
Profit per day: 24,66 USD
Pace at 90,03% p.a.
Risk: this is up to you, you can close the position when you reach your max. desired loss. Its good to use discretionary approach and manage the risk from day to day. If the price will not fall rapidly than time is our friend and the profit...
hello dear traders
I am so bad at explaining, soory i am no writer, bad teacher, worst teacher ever, so i cant explain what i charted at all, really i cant, pls dont ask me to explain :)
devils pivots my view :)
Wall Street (DJI) just dialled 666 i.e. 25666. Let's see what will happen! If you're superstitious, you may like this one. It's more about psychology than about technical analysis. Psychology rules the markets. To what extent we shall see!
Hello world :-)
While looking at the charts I sometimes spot some funny or interesting patterns or movements and I will try to share some of them.
I saw this one yesterday while waiting for a good entry point. You can see the classical head and shoulders with the two horns on top of the head. I was wondering how it would further develop... of course with a fist...
Come on TOP TRADINGVIEW!
I will help you. No, wait. Know how to read candles? Or do you copy ideas to sell your signals?
Better start finding another service. This market is dead! Did you understand Without regulation no money will enter here! What is the 700 billionth of the marketcap? Where are they? Why did they run away?
The bottom is farther than you can...
The algorithms usually target 14-23% as first targets which could extend all the way up to 50%, 61.8% or even up to 100% in most scenarios. No trade for me yet, though we are nearing the end of the correction.
I included all possible counts including both bull and bear scenarios hence the multiple WXY and WXYXZ's in the chart. The primary and secondary counts do...