This is a quick overview of three of the best trading indicators for day and swing traders alike. If you are a new trader then it is very important for you to understand that no indicator or oscillator is going to make you trade profitably immediately, so don’t go on a wild goose chase to find one that will. Learn a select few indicators and the...
This is my first TA that I have shared, please let me know your thoughts,
What we have here is a head and shoulders pattern with a rising neckline. If we look at the past H&S formations we can see that we have had a retracement to the initial pivot of the first shoulder as a minimum. We have also retraced approx 80% on the second H&S(2) distance from...
I hope you all have been taking advantage of the raise in value of TRX. I opened this 1W chart for the first time in months. Finding this orange trend line. Only to be surprised that it has been holding up for about a year. Both as support and resistance. The white horizontal line was the closing value of TRXETH at it's highs. The red line being the wick of the...
I'm testing a set of indicators which I explained in this idea (click the bitch):
Checking the 2h chart:
Stoch RSI: slightly bearish
Ichimuko Cloud: slightly bearish
Bears 2 : 0 Bulls
The Bears win this...
There is no trend in the market and the price is in a range bound, but we forecast resumption of uptrend.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. Relative strength index ( RSI ) is 50.
New trading suggestion:
*There is still a possibility of temporary retracement to suggested support...