What is Market Structure? Market Structure is the technical structure of any market that appears over time as one primary position holds the majority of the strength (buyers or sellers). Market structure is a key technical understanding to be able to identify what the market has been doing in the past and what it has the potential to do in the future. Market...
Hello Traders , Have a nice weekend. it's good to learn something even if you knew it before,Seriously some of you know all these patterns but don't know how to use them. First we have to draw our support and resistance area in higher time frames , then we switch to lower time frames to see a candlestick pattern and now you can enter the trade after a little price...
First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one...
In this video I will reviewing trades I took on June 29, 2021 which were $SQ, $HD, $TLRY, $MSFT, $baba Along with an explanation of my plan as well showed you guys my TA for some possible set ups! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels ,...
Hello guys, Now that the market is pushing down and we all know what's about to happen, I thought let's not talk about the obvious analysis and learn something. Today I decided to teach you guys about four famous chart patterns so that maybe you can cheat a little on how to play with this market. I have set out 4 patterns for you: 1. Bullish Flag Pattern 2....
Any feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :) Quick glance: In our previous analysis on XRPUSD , we discussed about Ripple losing a massive market cap. Right now, XRPUSD had a massive reversal. It has taken support from the lower...
In this video I will reviewing trades I took on June 22 ,2021 which were $HD, $U, $SPCE, $ROKU these trades were taken from todays livestream were i explained my plan showed you guys my TA and updated my TA as we went on plus answered questions! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines...
Good morning, traders! Today we will make an educational post about a specific behavior in the market in certain circumstances, and we wanted to take advantage of the situation in GBP/USD that is currently happening. The pattern we are talking about is the CUP AND HANDLE PATTERN . This pattern is widely used in stocks or indices since they are trend instruments...
Bullish Trend Bullish trend refers to consecutive higher highs and higher lows in the price of a currency pair in forex during a specific timeframe. it shows that there is strong buying pressure. Bearish Trend The formation of consecutive lower lows and lower highs in the price of a currency during a specific timeframe is called a bearish trend. It indicates...
Good morning, Traders! Today we will make an educational post about the most used corrective patterns. There are numerous patterns, even more complex, such as Elliott counts where each internal wave of corrections is explored, but the reality is that it is not 100% necessary to apply it in the market. The idea of this information is to provide a simplified,...
MFI or Money Flow Index as a strategy is quite similar to RSI or Relative Strength Index. The key differentiator for MFI is the consideration of volume. Money Flow Index oscillator: MFI uses both price and volume to measure buying and selling pressure. MFI oscillates between 0 to 100. Intuitively, the volume-weighted feature makes MFI a comparatively...
Good Morning traders! Interesting idea today regarding the NZD/JPY pair. This post is aimed to all the trend followers, since it implies a breakout of an interesting ceiling. This pair has been consolidating in the current retracement for more than two months, and we can already begin to see intentions of a breakout in the short term. Why do we say this?...
Hey guys, as we all know a chart/price doesn't always go up between a rest in between, but how can we understand its correction based on the candlesticks? 📍 right after a bull run we may see a red candle with huge wicks usually we panic after seeing those candles ⚠️ don't worry guys! If a red candle closes at the bottom of half of the previous green candle...
Green Line IS 200 WMA of Closing Price Blue Line IS 200 WMA OF Low, Multiplied By 0.90 Red Line IS 100 WMA of Closing Price Condition to buy : Green line should be above red line and closing price should be above green line BUY only when the above condition is fulfilled. Target For Time Frame of 1 Year = 2 X Price at buy trigger Target For Time Frame of 3...
I've made posts about this topic previously on my personal account, but it's time to show you what SwayzePunkz is all about. Disclaimer, just a dude that has some experience in the trading community, since 2018. This seems to be something I'm naturally good at, so I would like to share some of my thoughts... Not trading advice, just a dude with something...
In this educational video I would like to clear up the myth about the Pin Bar and to provide you a solution. What do you think?
Hello, traders! Here is a cheat sheet which help you to identify the most frequent and reliable chart paterns. I should tell you that the patterns from the group "indefinite" are classified as bullish or bearish in classical literature, but in practice we should be careful using it in trading decisions. BULLISH PATTERNS Inverted Head & Shoulders , Double ...
Hello, traders! This is a cheat sheet for divergences defining between the price and oscillator. As the oscillator the RSI, Stochastic, MFI, CCI, MACD and other indicators can be used. Regular Bullish Divergence The price shows lower lows, oscillator - higher lows. This is the sign of downtrend weakness and potential reverse to the uptrend. Regular Bearish...