Get started

Beginner

Daily/4HR Time Frame BUY ;)I'm new to analysing graphs,so any feedback on my analysis would be helpful. I see liquidity happening,first hitting on 11th Dec 2020 then a reversal occuring,20th Dec 2021 hitting again leading to another reversal occurring,7th March breaking through the support (where there would be alot of buyers) to take out the buyers on the support line.(sniper entry would be at the callout arrow) I had a buystop order at 1.31400 to see if a couple of bullish candles would trigger it which confirm my analysis and increase my confidence to buy at a lower low next time if this pattern occurs again.
Long
by tmuni_
AUDCAD ShortWatching for a confirmation on the H4 and H1 for a good entry. After a few losses I started to solidify my system and the confirmations I'm looking for. -Set the pitchfork on the Daily chart and Weekly RSI -Does the trade coincide with the higher time frame trend? (If no then no trade) -Is the trade returning to the median line (If no then no trade) -Will the trade encounter a significant S/R in the direction of the trade? (If yes then no trade) While I continue to research the use of Median Lines, I have begun looking into Fib retracements to find the best entry points.
Short
by UnknownUnicorn2349278
Beginner's Charting Attempt 1: COSTFirst: Any constructive criticism is very much appreciated and helpful! :) So here I am, an absolute beginner with a couple crayons of knowledge: I just drew in what I observed to be wedges. The first a rising bullish wedge that continued to a bullish trend. That wedge was followed by a falling bearish(?) wedge. I thought a continuation pattern (bearish) was more likely than a reversal (bullish) because of resistance (COST had previously hit that high before and didn't break through). I might've used some of the terminology wrong, honestly. But I'm just trying to journal out my thought process to be able to communicate and work through my own ideas and opinions.
NASDAQ:COSTShort
by bexlua
BTCUSDT BEARISH PREDICTIONI'm bearish for bitcoin and this is my opinion only My technical analysis is from 69K ath - the downtrend is composing of lower highs and lower lows so we can draw a clear downtrend line connecting those wycks and also the price is under 52k-59k horizontal support i think this is a strong resistance... this coming more days and weeks and next ups down of bitcoin is still on BEARISH TREND... My target still remains on 40k zone SUPPORT AND MY SAFEST AREA TO PLACE is around 28k again this is only my idea as a beginner analysis for BITCOIN CHART IF YOU HAVE A COMMENT AND IDEA PLEASE FEEL FREE TO SEND IT HERE!!! (it really help out to grow as a good trader someday) THANKS!!!
Short
by rainiereballes2820
3
Beginner trader- This is a Redo-Analysis of my last chart -I changed some things to make them more noticeable. What I've notice is that... 1 the market is about to reach the down trend level 2 that trend lvl is also a strong fib level ( .236 ) 3 if the market respects that those levels and goes down then I feel that it will complete a head and shoulder. And eventually break though the green support and resistance lvl 4 this is also on a higher day time frame(I think a lot of people will see the same things) Will there be a strong move downward?.. Y/N Soo... can someone help me out here, did you guys get the same things?
Short
by JakieGuerrier
Education: SPDR ETF Holdings-or what exactly are sectors anyway?Have you ever wondered what "key sectors" are and what exactly are in them? Look no further! While there are many funds to look at, these ones helped me simplify my outlook on the Market to help guide my trading decisions. Here is the resource I use to find this info: sector spdr com (Apologies, I cannot publish with a link since this is my first post and I'm new) How to use this info? I like to use sector information to find stocks I like. If there is a setup I like to use within one of these sectors, I will look for a top holding within the sector to play off of (since the individual stocks are more prone to move at a higher percentage than the sector as a whole). For example, I might like the trend in XLK better than the other sectors. I will look through the stocks (which I have a watchlist for each to make things easy) in XLK to see if one has a setup I like to trade (like AAPL). If you decide to make a watchlist for each of these sectors, I highly suggest keeping the sector itself at the top of each watchlist. Saves a lot of clicking. I also keep a watchlist titled "Key Sectors" which just has the 11 sectors in it with SPY at the top of the list. I do this to get a sense of what is happening in the Market as a whole. Here are 11 ETF's (Exchange Traded Funds) which divide the S&P into index funds. Listed below are their top holdings (by ticker symbol) as of today: XLC - Communication Services FB GOOGL GOOG NFLX CHTR CMCSA DIS VZ T TMUS XLY - Consumer Discretionary AMZN TSLA HD MCD NKE LOW SBUX TGT BKNG TJX XLP - Consumer Staples PG KO PEP WMT COST PM MO MDLZ EL CL XLE - Energy XOM CVX COP MPC SLB PXD EOG KMI WMB PSX XLF - Financials BRK.B JPM BAC WFC MS C GS BLK SPGI SCHW XLV - Health Care JNJ UNH PFE ABT TMO DHR LLY ABBV MRK MDT XLI - Industrials HON UNP UPS RTX BA DE GE MMM LMT XLB - Materials LIN SHW APD ECL FCX NEM DOW DD IFF PPG XLRE - Real Estate AMT PLD CCI EQIX PSA DLR SPG SBAC WELL CBRE XLK - Technology AAPL MSFT NVDA V PYPL ADBE MA CRM CSCO ACN XLU - Utilities NEE DUK SO D EXC AEP SRE XEL AWK PEG
Editors' picks
AMEX:SPY
by verse_303
27
Is this a Bullish Flag Pattern in XRP?So I’ve recently begun to learn about TA and trying to learn how to chart. I’ve watched YouTube videos and read educational articles on TradingView and Google, etc. I’m a beginner at this so still learning the best indicators to use and spotting patterns but if I’m not mistaken, this almost looks like a Bullish Flag Pattern to me on XRP. The black line I indicated on the recent breakout maybe looks the bring XRP to $1.80? Of course this is not financial advice. Thoughts? I’d love someone with more TA experience than me to give me your thoughts… thanks
BITSTAMP:XRPUSD
by anakinxkywalkr