graphic description of what is requested below: 4.1. Bullish or bearish wedge pattern 4.2. Upstream or downstream channel 4.3. Symmetric triangle pattern
graphic description of what is requested below: 3.1. Uptrend line 3.2. Symmetrical triangle pattern 3.3. Identify, through the use of an oscillator, in a title, overbought and oversold states.
graphic description of what is requested below: 2.1. Ascending or descending triangle pattern. 2.2. Bullish or bearish wedge pattern 2.3. Identify a minimum of 5 lines that act as support and/or resistance with min. 2 taps on each line
Applying chart analysis techniques we can describe in this chart a fair trend line with enough touches, double top reversal pattern and additionally we use a 200 period trend indicator (EMA)
Applying chart analysis techniques we can describe on this chart a head-to-shoulder shoulder creating a reversal in the previous trend
American Airlines is an American airline. It operates flights on an extensive network of national and international routes. Temporality of the chart: 4 hours - This type of pattern is of the non-directional type. That is, there are two possible operations: - If the triangle is broken upwards, is expected a long position at $29.5 per share with Take Profit...
#TFStrategy: Symmetric Triangle in "General Electric" (GE) The symmetrical triangle is a pattern with higher minimums and lower maximums. We can consider the the moving averages of 200 period, indicating a strong support in the price of the stock. Temporality of the graph: 4 hour This type of pattern is of the non-directional type. That is, there are two...
In this chart I use the RSI (Relative Strength Index), as an indicator of crypto overselling or overbuying. It’s a indicator used in technical analysis. In general, it helps to establish if the tittle has buying or selling pressure over the trading period. On the charts, trending line is between the upper and lower line. When the trend line cross them, it...
During basic trading exercises, on patterns identification, I found a symmetrical triangle in RCNBTC Huboi, from May 27th 21:30 to June 1th 20:00. On the chart I drew the base from the peak to the base and the height of the triangle to the breakout point. Volatility and volume decreases with time.
As an exercise of basic trading, I could identify double bottom pattern in Esteé Lauder Company Inc' shares. As we can see, after the double bottom, shares continued in a bullish trend line until May 16th.
TF STRATEGY #TFStrategy: Symmetric Triangle in "The Walt Disney Company" (DIS) The Walt Disney Company, is the largest media and entertainment company in the world. The symmetrical triangle is a pattern with higher minimums and lower maximums. We can consider the crossing of the moving averages of 200 and 50 periods, indicating a change of trend in the price of...
#TFStrategy Bearish Wedge: Shell Midstream Partners (SHLX) The wedge is formed when the price moves in an increasingly narrow pattern that has higher minimums and higher maximums. Strategy: Risk - reward ratio: 2.64 1. Entry: Sell when the price confirm a breach of the lower band, at approximately $20.2 per share. 2. Profit taking: Target $16.07 3. Stop...
TF strategy: Parallel Channel in the EURUSD - The pair EURUSD corresponds to the price of the euro vs the US dollar - A channel is a graphic pattern that connects the maximum and minimum prices of an action over a period of time. - In the bearish channel the lines have a downward slope, indicating a downward trend in the price Temporality: 4 hours 1. Within...
#TFStrategy: Symmetric Triangle in Goldman Sachs (GS) -Goldman Sachs is an Investment Bank whose shares are traded on the New York Stock Exchange (NYSE) under the code (GS). -The symmetrical triangle is a pattern where the price minimums are getting higher and the maximums are getting lower. Temporality: 30 minutes - This type of pattern is of the...