Hey, I am back with another, this time educational analysis. In this educational analysis you can see some obvious patterns in the chart, that helps you decide when to buy or sell. Simple usage of just three indicators, Volume , RSI , and MACD . At first I though, sure, how can some pattern show me the price movement.. But I was wrong. Ok, so in the time...
If majors follow the price action in 2000 we will have ...
Reason why EUR/JPY reversed earlier this week -Price was in a bullish trend - It came back into previous resistance what acted as support - RSI divergence was formed on the 1 hour chart - An Bullish confirmation candle was formed on the 1 hour chart
What is a Head And Shoulders Pattern? Head and shoulders pattern in technical analysis, shows a chart formation that predicts a bullish-to-bearish *trend reversal*. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward...
Quick video this evening to highlight how patterns typically repeat themselves not only within one part but many pairs. Whether in crypto, forex or even in stocks. I like the acronym KISS - Keep It Simple Stupid. While my charts may look a mess, I try to keep them very simple and clean without any indicators other than price action, a few moving average and...
This idea shows a simple analysis on AAPL showing multiple short opportunities during the last year.
STEEM started trading on Poloniex on 18th July 2016 with a low of $0.82 and a high of $4.80 and closing at a price of $3.74. The market became bearish for 6 months from July to Jan 2017 and began to consolidate as low as $0.09 from Nov 2016 to March 2017 before a breakout on March 13th 2017 forming a partial CUP and HANDLE pattern to close at $2.40. The...
This is just a look back on ETH and the nice move that it had on the weekly chart. This tightening pattern can be found on every time frame the weekly the daily the 4 hour etc.... This is a perfect example of a lower high and higher low tightening range before a massive move to the upside.. Keep an eye out for this tightening range on other charts as this is...
A replicated model of " Economic Bubbles " by Jean-Paul Rodrigue which I overlaid onto the BTCUSD -13.83% chart. Terrifying resemblance considering this this model was created in 2008. What stage do you believe we are in? I do not believe this is the end of crypto. However, I do advise everyone to keep an open mind, and to trade carefully. I wish you...
An example of how classic chart pattern may be used to enter trend continuation trades.
Hope this educational content will help you make a better use of the indicators. Remember that these rules are just ground rules. Positions sizes and stops positionning will depend on your own risk profile. This is up to you to find your comfort zone on these parameters. Indicators used in this video are : PRO Sinewave & PRO Momentum Don't forget to hit the...
When we look at the chart. We expect a strong rally or fall because of the price action. Price in the same areas so bollinger bands are squeezing. But !!! Look at the chart 17 YEARS LONGGGGGGG Same price action. No move. God. Life time and price is same.. So Stay away from forex and other leveraged and date expiry stuff. IF you wanna buy something. Buy it....
Apparently, USDJPY has been following flipped 1997 analog for an extensive period of time. If so, it is possible to have a pullback in this pair and possibly DXY.
Hi traders! It's been so long I haven't posted an educational post on Trading View... so I thought of posting a simple educational material that could be explained easily. The symmetrical triangle is one of the most commonly used patterns in trading and could be hugely profitable if used correctly. So what is a "symmetrical triangle"? The symmetrical triangle...
Part 2 Fundamental noise filtering I place far more weight on fundamental analysis then technical. At first I thought it was useless as half the news or analysts would say one thing and the other half would say the opposite. the trick is to only look at sources that can reliably and logically be shown to have a impact on the market. Who has an impact on the...
CAD/JPY Bearish position rewarded our team heavily Technical confluence is key The reasons that we took this trade - Previous Structure -Price came in to 0.618 Fibonacci retracement levels -A bearish bat formation completed at the same area - An ABCD Pattern completed at the same area After the price hit this level, it immediately became Bearish and our...
EDUCATIONAL MATERIAL TECHNICAL ANALYSIS OF CHARTS LESSON 1 - Moving Averages Moving average Moving averages are certainly one of the most frequently used technical analysis tools. This is due to their relatively easy calculation (which was important when computers were not as advanced as today), as well as the ability to "smooth out" the chart, which is important...
I am not saying changing the colour of the candles will definitely make you a better trader. Look, if the time we spent on the chart is x hours per day , multiply by weeks , months and years, that is a lot of X hours combined. Red to some people has a strong, stimulating effect as if it lures you to do something. Think of most fast food restaurants - what colors...