The Confluence Factors are Trend, Level, and Signal. Enter the market when the price action confirmation signal appears. Trend: Up Level: Horizontal, EMA 10, EMA 20, Diagonal Trend Line, 50% Fibonacci Retracement Signal: Pin Bar
Hey traders, In this video, I will teach you how to trade a falling wedge pattern. I will share with you my rules on how to identify the pattern, how to read it correctly, how to select the target & entry levels and how to set a safe stop loss. We will discuss a theory and real market examples. ❤️Please, support this video with like and comment!❤️
Hey traders, In this video, you will learn a classic price action pattern "Descending Triangle". Main topics covered: Structure of the pattern Bias of the pattern Triggers Stop placement Target selection Real market example Let me know in a comment section what pattern do you want to learn in the next video! ❤️Please, support this video...
Hey traders, Bearish flag pattern is a classic trend-following pattern. Being relatively simple to recognize, it is applied in various trading strategies. ⭐️ The pattern itself signifies the correctional movement after a strong bearish wave in a bearish trend. After setting a new structure low, the asset starts growing in value and the price action legs start...
Hey traders, Rising wedge pattern is one of the most accurate price action patterns. Being relatively simple to recognize, it is applied in various trading strategies. ⭐️The pattern itself signifies the exhaustion of bulls. Even though the asset keeps growing in value, the price action legs contract forming a narrowing channel. Being stuck between two...
Today’s lesson is an introduction to the inside bar signal and how to trade it. It’s really one of my favorite patterns to trade, especially on the daily chart time frame. Why, you ask? It’s simple. The inside bar pattern shows a pause or indecision in the market, and depending on the surrounding price context it formed within, this provides us with an extremely...
What Does Market Really Follow? We all know that market is normally run by based on Technical Analysis, Fundamental Analysis, and Trading Sentiment. If you want to get a high result on your trade, you must combine these 3 analyses. As USD and Gold both are safe-haven currencies and reserve currencies as well. USD and Gold have a negative co-relation. If the...
this learning with BTCUSD htf 1D so, basically, this is the action of buyers and sellers Formula : X + Y = 0 with HLC (high low close) 1D : close candle X : (-) minus Y : (+) plus Body : candle mother Wick : line high or low Next support BTCUSD on 30500 if crash we see 29k 28k stop on 26700.
If you notice that in the previous Bitcoin crash, there was a move during which the bearish move did not go above the previous candlestick, in other words, no previous candlestick broke until a long shadow candle (pin bar) was formed and Then a powerful ascending candlestick broke its previous candlestick and then an ascending movement was formed ... such...
Further elaboration on Gold and What is Liquidity
XAUUSD GOLD SUPPLY AND DEMAND ZONES - key levels. Trade with the flow. Ride the wave. Easy money on these zones. Watch my previous weeks analysis.
Gold had formed a clear support during London Session on the 30m and 1h timeframes. We had strong bullish momentum so my bias was bullish in the short term. I then switched down to the 15m timeframe to look for a good entry to minimise drawdown. When a bullish 15m candle closed starting from support, I waited for the next candle to form bullish and my final...
📈 This Is DrgonFly Doji Candle >> Make Change In Direction 📈 1- Appears At The Bottom Of a Downtrend 2- Shows The Rejection Of lower Prices 3- Give Bullish Signals (BUY) Stop lose Under Candle Low Target 2x Stop
We recently posted about Gold and how to execute with better entries off of using price structure and patterns. The last comment we made is that we would be keeping a close look at Gold for any pullbacks that could show good price structure for potential buying signals inline with the current underlying bullish trend. We have zoomed into the 15 Minute chart to...
As I said earlier today, volume plays a very important role in breakouts. you see an upward breakout and the price closed a candle above the pennant but without any considerable volume, and it reversed all the way down. Good Luck With Your Trades. ;)
.618 Fibonacci Retracement Most Popular Retracement Important retracement for a stock that is selling off after completing a good Rally. #BharatForge is a perfect example of .618 Bullish Retracement and its amazing to see how prices rallied after hitting .618 retracement Trade Consideration ( Refer Chart ) Point #1 : A good rally Point #2 : A sharp Sell-off Point...
Here we have Really good Setup and price also holding Very well 1) we have very big Wick (shadow) Candle this is the alert time in any trade. 2) we have doji which is for reversal (not all the time) but Volume is good 3) we made bullish candle and bouncing from Support support is Solid. so when we find the good Support we are ready to buy the retest as always...