GOLDEN CROSS 1. A golden cross occurs when a faster-moving average crosses a slower moving average. 2. Specifically, you need the 50-period and 200-period simple moving averages. 3. Anything other than these two periods and it is not a true golden cross. 4. The golden cross is a powerful trade signal, but this does not mean you should buy every cross of...
"Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Until a new Impulse occurs, the Price oscillates within "Energy Bands". The Golden Ratio is the underlying building block of the entire Universe. From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in...
Elliott Wave Count in Bitcoin Daily Chart In most cases, if wave 5 is formed as a diagonal triangle, it will cause severe falls after the end of the process. So after recognizing these diagonal triangles in wave 5 - you can close your long trades at the right point and make good profits from short trading in corrections waves. Please like our tutorial and...
Lets play a little game.. I want you to figure this chart out yourself. Looking back at December.. Will YOU trade the GOLDEN CYCLE and become a legend? Hint.. Hint.. Goodluck ;)