My first post. Lately I've been trying to nail down my strategy into something that I can act on consistently. Teaching or Sharing thoughts lead to a deeper understanding of the content so I would love to hear anything constructive from you market wizards. I've identified two structures here. #1: The Highest Swing High to the Lowest Swing Low. #2: The most...
We have been oversold on the RSI for a minute now and the few times it has touch oversold territory we have gone up! Then on top of that we have an inverse Head and Shoulder on the 4 hour. This can be explosive above $40k. Even with Jerome Powell, trying to scare the public and the FUD that has been circling around we are still good! When in doubt zoom out! Things...
We have been oversold on the RSI for a minute now and the few times it has touch oversold territory we have gone up! Even with Jerome Powell, trying to scare the public and the FUD that has been circling around we are still good! When in doubt zoom out! Things are starting to look good and the month of February should be a good one. The bottom was set on Monday...
ADA is at a good region of support, a long entry will be good until next resistance, if and after price breaks the resistance, the buy momentum may continue upwards after a decent retrace, that would be my entry for another long position!
*disclaimer: this is my first time doing technical analysis on my own* Marked up the chart through whole number theory of technical analysis. As you can see the candles like to shift between levels and zones switch between being support and/or resistance spots.
Hello everybody, this is the first TA that I'll be sharing. Today we will be looking at Bitcoin . As usual, I always like to remind myself the principal trends which I divide in two: mid-term trend and long-term trend. As we can see on the chart, we have been in an uptrend since March 13 (mid-term trend) but we are still in a downtrend since the dec 2017 ATH...
Top-down analysis from the Daily --> 4H --> 1H charts. Obvious its been on a bull run, but this is a good entry imo. Looking at the 1H chart you can notice: 1. Price Action 2. Trend Line 3. Support Zone 4. Oversold 5. EMA My first publish :)
FX:USDJPY Hi Traders, seems like USD/JPY is reaching resistance and there's a DOUBLE TOP formation on H4, quite a good DIVERGENCE on H4 & H1, Look for confirmation and sell :) -Happy Trading :)
When you focus too much you'll miss the panorama view..
Hello guys! I have some BIG warning signs for you: Bubble Theory: Do you really believe we are currently in the phase of a sucker's rally when everyone is shouting "BUY". I'd rather hear my friends ask me "Do you still believe in this sh** market???". Than I buy! Emotions: --Last week, friends and family came up to me and asked me how they can invest in...