Key patterns of price action.
Below I will describe several key patterns, but on the diagrams you can see the analysis from a technical point of view.
And also please pay attention to the rules, which I do not advise to ignore.
The Cup with a handle pattern is formed according to the following logic:
- On an upward movement, the bulls cannot push through the...
this really helped me a few weeks ago to start picking patterns out on charts! i was set this task by an experienced student, and i haven't stopped doing it since!
take a watch, give it a go and watch how quickly you can pick up patterns!
Hey hey all!
I went off the grid a little bit to enjoy life and seize the opportunities the COVID situation has presented us all with... the proactive have had the chance, and still do, to create wealth and I can go over many examples in the markets like the sell-off of Stocks, Indices and Commodities (and even Crypto) and then the buyback of all of those...
In this video I look at an interesting compression on the 15 min EURUSD and quickly review a critical price position on the US30.
This follows up from my other videos.
A strong EURO is not great for the Ger30, so if it strengthens around now, there could be more bearish pressure on the DAX.
The DAX tends to rule the worlds markets and has not suffered as...
In this video I look over a few indices and the VIX.
There is a problem i.e. the news is saying one thing, but the charts are showing something rather different. I look at some trendlines, channels and patterns. After many years in trading I'm no longer obsessed with the names of various patterns. The overall pattern is what interests me more.
The news is...
In this video I share my experience on the Big Question in the minds of lots of traders. This is not particularly about GBPJPY. I use the 15 min time frame only as an example.
I point out that candlestick charts can be deceptive in giving an idea about price, that may be erroneous. It is natural especially for new traders to see a number of unfavourable...