In my short trading experience, divergences have rarely failed me. Seeing this bullish divergence on the higher timeframe charts has me thinking we will see a significant upside move soon. ** Please note, I've only been trading since March 2020. The ideas I post are to help me improve upon my skills. I like to reflect on them to see what I did wrong/right and...
Lunar mission to ground control, we are ready for lift off...
I’ve found that chart patterns frequently repeat themselves, and this occurs in all markets, whether it’s equities, forex, crypto, etc. You can find almost identical movement in every time frame. For OXTUSD's chart in particular, you can see a shape that’s similar to an “m” frequently through its down trend. You can spot this throughout the 5-minute, as well as...