After a daily morning star formation as highlighted , I waited for a pull and waited for some rejection before going down on lower timeframes to find entry .
In this analysis I really dumbed it down for people to understand the basic concept of support and resistance/supply and demand. In this market currencies move in my experience what I would like to call a magnetized way. Banks on higher time frames buy and sell in on positions and these are the looks you want to be looking for! Targeting the areas where price has...
Hello everybody, playing back the video recording, I did say "um" a lot breaking up sentences, our apologies, but lets get stuck into it. We'll only continue to get better...
What we're looking at:
OANDA:NAS100USD
Introduction:
- Who Watchl1st are
- What we're doing
- A little about us
Warnings about Influencers:
- Being careful
Charting NAS100 CFD:...
$EEENF 88 Energy- Project Peregrine; consisting of Merlin-1, Harrier-1 & UMIAT Wells
- UMIAT is estimated to have 124 Million Barrels of Oil
- 4 Billion Shares are owned by Nominee Brokers
- Sitting on 30 Billion potential gallons of High Grade Oil
- Near Conoco Phillips Willow Discovery
- An independent geologist said the find could be significant because it...
why do most traders fail in #crypto?
1-laziness(looking for the path of least resistance-the holy grail)
2-lack of consistent methodology
3-failure to use prober risk managment
4-psychology
1-lower highs into support
-sellers are in control
2-higher timeframe in a down trend
3-unfavorable risk to reward ratio
4-support tested multiple times
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
How Many Indicators Should You Use In Trading?
1-Identify a trend
Example:200ma
2-Define an area of value
Trends line-S&R
3-Entry trigger
Price action-stockastic cross
4-Trade management
Example:Parabolic sar
-it depends on what trades you are looking for
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and...
5 Trading books Which Will Improve Your Results, Fast
1.Japanese Candlestick Charting
by Steve Nison
2- folowing the trend by Andreas clenow
3- price action by albrooks
4- technical analysis by John morphy
5-Fibonacci Trading by CAROLYN BORODEN
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment...
BTC / USDT >>> is currently experiencing a decline in BTC. if seen from the trend is still stable, movement analysis tends to be sideways.
price below 19K / 20K, correction if it touches the price.
always be aware of high movements in the market.
Support By
#JuniorOnline
#BabyScrypt
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FLAG pattern Definition:
A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole.
A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction.
After an uptrend, it has a downward slope. After...
FLAG = Impulse + Correction
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After a significant drop in Bitcoin price , the price is in a correction wave.
What makes the chart interesting today is that:
. Bitcoin is likely to challenge the 18042 ~ 18227 resistance zone.
. A break above 18227 could push the pair to the 19487 area .
. A resistance rejection ,...
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Descending Triangle Definition:
A 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 indicate...
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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...
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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...
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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...
