A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the...
I usually follow trend-breakouts with RSI divergences for EARLY entries. You may take a chance to make 10% profitable short-term trade by TP 1.045 with SL 0.944
BCHBNB - Nison: 20 SMA with RSI(5) - Change of Polarity
- BCH has overcome Pivots P and pulled back to P after hitting R1.
- P shows a potential Change of Polarity (old resistance becoming new support).
- The pullback candle closed as a Piercing Pattern, setting horizontal resistance at the low of the pattern (1.8).
- The reversal came on a pullback to SMA 20...
i am just trying new things.. like this Pitchfork...
i just use google and look at pitchfork pattern and trying it here...
not sure if this will thing will work... just an idea for ya
and please leave a comment if this is possible, to those who are expert here... Thanks!
Trade at your own risk!
