Using candlesticks in extraordinary ways. CAVEAT: small sample size. NOT ADVICE. DYOR Signal code: Rising Window followed by Long Lower Shadow & then Rising Window again is a buy.
CAVEAT - small sample size. NOT ADVICE DYOR
Hello Traders and Investors. Here I would like to shine some light on why the stock market is now currently the leading indicator (here we use the SNP500) against all commodities, assets, and tradable cryptocurrencies during and post the COVID-19 Crash. Although the Bitcoin market has been showing strength, the general public has been growing eerie about the...
NOT ADVICE. DYOR
BITFINEX:BTCUSD Dear friends! I continue describing Thomas DeMark’s technical tools. I have already explained such tools as: 1. TD Retracements 2. TD Lines of demand and supply 3. TD D-Wave 4. TD Sequential and TD Combo Today, I am going to deal with TD Trend Factor and TD Propulsion. These are two independent technical tools that in combination help you quite...
BITFINEX:BTCUSD Dear friends! I continue describing Thomas DeMark’s technical tools. Today, I am going to deal with more DeMark’s technical tools, TD REI and TD POQ that are included in the group of indicators TD Oscillators. Major problem of all oscillators The main problem that DeMark sees in the use of oscillators is that average traders exaggerate the value...
BTCUSD is coming higher, now very close to former swing low at 11150 so bearish impulse can be invalidated soon. That is why we adjusted the wave count, and are now looking for wave X rally, but still same bias; recovery is in three waves so bears are possible but only confirmed when trendline support of current upward channel is broken. If on the other hand, coin...
1. What is the mirror level? To answer this question, we should remember the general meaning of support and resistance. Support represents the situation in which the price constantly goes down, then reaches a certain price point, and ceases to decline. Resistance shows just the opposite situation: the price constantly rises, then reaches a certain price level and,...
Intermarket Analysis is great for finding out if there is going to be a trend change or a trend reversal. Today we will look at multiple intermarket relationships that BTC is interacting with to try and decide if we are going to break the downtrend, or retest the sloping resistance and fail. So let’s first start with BTC. Here you can see that we are coming up on...
NOT ADVICE. DYOR.
SPX needs Bitcoin/Crypto to go parabolic more than SPX to break out of ATH. CAVEAT - small sample size. NOT ADVICE DYOR. Used Blue Verticals From Analysis Of SPX Below Max healthy pullback in this analysis <7% from ATH . Max danger if market drops >9.89%. NOT ADVICE DYOR Construction Details:- All verticals where Histogram >0 but trending down i.e. light green....
If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be explaining the concept of the Risk/Reward Ratio, also known as the RRR, and the significance of this idea when it comes to trading. I will also be explaining how this can be applied to...
1. You should not expect that the loss-making trades will ultimately lead to a reversal and profit. You should not build up a position on it, proving to yourself that you are right. The best solution would be to exit the position and accept your losses, as they are inevitable in stock trading. 2. Stop loss and take profit should be based on the market situation,...
Rule 1 = 3 green Mac's rising Rule 2 = Rule 1 trend broken (green vertical) Rule 3 = Rule 2 followed red Mac. Statistic since Jul 2015 every closing week break out from the high of Rule 2 resulted in a near 50% to 100% increase in price. Therefore, break out from $12,065 could hit $18,000 or $24,000. Then once weeks closing price price breaks $19,175 could hit...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** What Is Double Top and Bottom? Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** What is market risk? Market risk is the capacity for your trades to result in losses due to unfavourable price movements that affect the market as a whole. There are several factors that can cause market risk, but movement in any of the following can exert major...