📚 LEARN MORE 💰 EARN MORE With ForecastCity Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder). A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Inverted Head and Shoulders Definition: A head and shoulders pattern is also a trend reversal formation. It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder). A “ Neckline ” is drawn by connecting the highest points of the two...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs...
Crypto Financial Education: #Bitcoin is approaching an ATH and while bitcoin may hit and probably surpass its ATH of $20,000. One may stop to think is it really the best investment decision? Let's turn-on our time machine and take a look back in 2016-2017.⬇️ Bitcoin made its first major mainstream ground-breaking ATH in December 2013 when it grew from $70 to...
Tradingview has offer us a inverted chart tool which is extremely helpful in finding the trend in another point of view. In simple terms we can define Inverted chart is USDEUR and the normal chart is EURUSD. We may think that the trend going to reverse on particular point but if we see through the inverted scale it will shows us continuation of the trend. Use...
Ascending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An uptrend line drawn through the bottoms. The higher lows indicate more buyers are...
Uptrends and downtrends are quite simple. Here’s the definition for each: Uptrend: This describes when the price of a price is moving upward or getting higher. An uptrend is characterized by the chart’s peaks and lows reaching new highs as the trend progresses. So, if you look at the chart over time, it may be zigzagging, but it’s generally going up. Downtrend:...
So... how do you trade? why do 85% of traders lose money? How do you trade? drop me amessage, comment on my idea. tell me how you trade the markets and why? are you self taught or did you BUY a ''forex guru's'' course?! We ALL know that 85% of traders lose money trading on the foreign exchange market, but why? well... think that almost all of these traders are...
BITCOIN Is about to make a inverted cup and handle formation which is a clear sign of the bearish trend. We have predicted that pattern in lower timeframe and the downward move will be limited to the particular points. In inverted cup and handle pattern we have a two short opportunities one is from the bottom of the cup and and the second one is after the minor...
Ascending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An u ptrend line drawn through the bottoms. The higher lows indicate more buyers are gradually entering...
ICT concepts! Study this. Look at my previous posts. I'm not as active due to helping my fellow upcoming FTMO students. Holla at me check the bio you know what to do. This is what I'm expecting for next week. Bullish days for all XXUSD pairs and DXY getting a beating from the Bears. :)
Ascending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An uptrend line drawn through the bottoms. The higher lows indicate more buyers are...
Drop a like if this helps you out :) The MACD has just crossed on the hourly, if you look at previous crosses you can see that this is a rather powerful indicator and usually results in a nice rally/downtrend. The MACD indicator is one of my favourite and in my opinion on of the most undervalued indicator out there. I almost never take a trade going against the...
Educational Post Date- 17-09-2020, Asian Paint BUY - 2006, SL 1997, Target- 2034
Drop a like if this helps you out, its free! :) This is the basic premise of how I trade. Usually after a big downwards or upwards move there is a period of consolidation (ranging) the best way to trade this 'Chop' is to plot a range high after a big bounce, then plot a range low from the low where the bounce came from. Create supply/demand zones off these range...
As per Chart Analysis, Its seems uptrend as well as it will complete Mpatterm as i have drawn in pic... If we see Technically,Last Result good and recently 10Kcr. Fund raised via bond selling. Lot of Brokers giving Target 280 above. Follow Strict SL 191. to exit when you see...
As today we seen AGR case Judgement have the favor of reliance and Airtel because easily can pay...Today Airtel rallied so we can expect rallies in reliance tomorrow...My guess if its right then tomorrow will up move 1.5-3% ....if this happen then we can see new 52K high soon .. We can see good result and last one month range bound going on from 100-150...
EURJPY SELL @126.650 TP1 @126.450 TP2 @126.150 TP3 @125.650 SL @127.300 Note:- Trade In sell stop and Use exact Entry or below that level.