In this detailed education video i show how i mainly make a living as a protrader. This is from fading breakouts of chart patterns. I show three examples of this in the past week from the nasdaq and talk about confirmation bias. I also show what its like drawing lines and patterns daily, win/ loss ratios as well as some thoughts of where the nasdaq might go in the...
For traders (lower timeframe):
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like wave ((c)) is missing a fifth wave down.
For investors (higher timeframe):
In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. Therefore, investors could...
Taking a look at the NAS100 currency pair, a significant development comes to light: it has reached a pivotal support level following a substantial bearish trend. At this juncture, it becomes increasingly evident that the NAS100's price has over extended, potentially indicating an imminent retracement.
As is customary, the accompanying video in this description...
nikjhgfwrhnikwg
Watch video. I am more or less bearish on every timeframe besides the week timeframe. The week timeframe says we go back up to test, because of being oversold, every lower time frame says its ok to keep moving down.
inhgr3bhyigwrnbywrb
The US100 index has recently faced notable downward pressure, as evidenced by the chart displaying a robust bearish movement towards a key support level on the higher time frames. In our video, we meticulously analyzed various aspects of technical analysis, including trend market structure, price action, and other crucial factors. Towards the latter part of the...
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
