Mainly price moves in range and prices descends to supply zone
1. Price reaches to swing high 2. Bearish harmonic pattern 3. Rising Wedge 4. Formed bearish Divergence
* Price Action Trend -> Bearish * MACD crossed above -> Bearish * Price below 200 EMA high/low/close * Wait for swing low break * Put stoploss at previous lower high
Engaging in trading activities by relying on the analysis of patterns involves the systematic examination of historical price movements and formations in financial markets. Traders who employ this approach typically scrutinize charts and identify recurring patterns, such as triangles, head and shoulders, or candlestick formations, to make informed decisions about...
Engaging in trading activities by relying on the analysis of patterns involves the systematic examination of historical price movements and formations in financial markets. Traders who employ this approach typically scrutinize charts and identify recurring patterns, such as triangles, head and shoulders, or candlestick formations, to make informed decisions about...
BTCUSD - IS bullish in larger time frame like 1w and 1d but in range in 1h timefram