Journey without a destination is like a life without purpose. Similarly, trading without a stop loss is equal to killing yourself. Predicting and placing a stop loss in a trade is an expert ability. Trading without constraining limit is highly risky. So In this post, we are going to discuss placing the stop loss with an efficient rate of success. While trading...
In wave analysis, finding the impulse and its correction is a primary task to predict the price flow. Most of the time this action, decides the price movement in market. Improper prediction may lead you into a failure or loss. IMPULSE: Candles use to appear with strong potential towards a particular direction. (Either Bullish/Bearish). and the trend continue...
Mostly both patterns are look same, but it isn't. 1.Ascending broadening wedge ( Trend reversal pattern) 2.Expanding triangle ( Trend continuation pattern)
Bitcoin price holds above 8080 trend line support, and 7680 pattern support two resistance levels that prove to be strong for now to hold the price in place for resurgence. Breaking the levels price poised to revisit low 6000s again. Mt.Gox influence still visible. Caution!