Reversal candles ( Basic)!Reversal candles ( Basic)!
1. Double Bar Low Higher Close ( DBLHC)
The DBLHC pattern consists of two candles.
The Lows of both candles need to be very close (within few pips).
The Close of the 2nd bar need to be Higher than the previous bar's high.
2. Double High Lower Close (DBHLC)
The DBHLC pattern consists of two candles.
The Highs of both candles need to be very close (within few pips).
The Close of the 2nd bar need to be lower than the previous bar's low.
3. Bearish Outside Vertical Bar (BEOVB)
The Bearish Outside Vertical Bar pattern consists of two candles.
The second candlestick is a bearish candlestick.
The second candlestick has a Higher High and a Lower Low than the first candlestick.
The Close of the second candle should be in the last third of the bar.
4. Bullish Outside Vertical Bar (BUOVB)
The Bullish Outside Vertical Bar pattern consists of two candles.
The second candlestick is a bullish candlestick.
The second candlestick has a Higher High and a Lower Low than the first candlestick.
The Close of the second candle should be in the last third of the bar
5. Pinbar
The significant Pin Bar pattern consists of one candlestick.
Unlike standard pin bar, the tail of the candlestick is bigger than its body and at least 3 times bigger than its nose.
Educational
Reversal candles ( Basic)!Reversal candles ( Basic)!
1. Double Bar Low Higher Close ( DBLHC)
The DBLHC pattern consists of two candles.
The Lows of both candles need to be very close (within few pips).
The Close of the 2nd bar need to be Higher than the previous bar's high.
2. Double High Lower Close (DBHLC)
The DBHLC pattern consists of two candles.
The Highs of both candles need to be very close (within few pips).
The Close of the 2nd bar need to be lower than the previous bar's low.
3. Bearish Outside Vertical Bar (BEOVB)
The Bearish Outside Vertical Bar pattern consists of two candles.
The second candlestick is a bearish candlestick.
The second candlestick has a Higher High and a Lower Low than the first candlestick.
The Close of the second candle should be in the last third of the bar.
4. Bullish Outside Vertical Bar (BUOVB)
The Bullish Outside Vertical Bar pattern consists of two candles.
The second candlestick is a bullish candlestick.
The second candlestick has a Higher High and a Lower Low than the first candlestick.
The Close of the second candle should be in the last third of the bar
5. Pinbar
The significant Pin Bar pattern consists of one candlestick.
Unlike standard pin bar, the tail of the candlestick is bigger than its body and at least 3 times bigger than its nose.
RVN up only, 1 USD targetTargets and invalidation in chart
Super turbo mode.
Triggers:
EIP1559 to get voted in June, expectation to a switch from ETH's miners to RVN's > increase in hash power > increase in security > increase in price
Reversal in RVNBTC pair, PD in RVNUSDT pair, PERPs listed.
Nice development from the team
USD's ATH breakout and following price discovery
6B mktcap soon, 10B next
I don't think it will go straight to the point, but I guess we will see it reaching 1$ sooner or later.
10 chart patterns every trader needs to know!10 chart patterns every trader needs to know!
- Best chart patterns
1. Head and shoulders
2. Double top
3. Double bottom
4. Rounding bottom
5. Cup and handle
6. Wedges
7. Pennant or flags
8. Ascending triangle
9. Descending triangle
10. Symmetrical triangle
10 chart patterns every trader needs to know!10 chart patterns every trader needs to know!
- Best chart patterns
1. Head and shoulders
2. Double top
3. Double bottom
4. Rounding bottom
5. Cup and handle
6. Wedges
7. Pennant or flags
8. Ascending triangle
9. Descending triangle
10. Symmetrical triangle
AAD PATTERN1 a price breaks out from support line of the big bearish pattern
2. a price must breakthrough last HL of the bearish pattern
3. entry when small pattern breaks out 4.
look for examples from the realtime charts
Sideways trend !!!Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or lows
Ex:
A sideways trend starts when four trend turning points (Swing High and Swing Low) develop within the range of a previous price swing.
The sideways trend ends when as price breaks the high or low defining the sideways trend.
Sideways trend !!!Sideways Trend - Definition A sideways trend comprises a series of price swings existing within the range of a significant upper resistance area and a significant lower support area . The range support and resistance boundaries (range lower and upper boundaries) may be formed from either higher timeframe S/R and/or significant trading timeframe swing highs or lows
Ex:
A sideways trend starts when four trend turning points (Swing High and Swing Low) develop within the range of a previous price swing.
The sideways trend ends when as price breaks the high or low defining the sideways trend.
Buy Canara BankBuy Canara Bank @ 146.9 target 159+++ SL 141.2 BSE:CANBK
demand zone in Canara Bank at 146.9
NSE:CANBK
Uptrend VS. Downtrend (Educational Post)hello traders , here's a very quick educational post
Bullish Continuation TREND
Upwards impulsive move – PAUSE – Upwards impulsive move
In this phase supply is weak and market retest demand areas
Bearish Continuation TREND
Downwards impulsive move – PAUSE – Downwards impulsive move
In this phase supply is strong and market retest supply zones . Demand areas are very likely to be broken
Train your eyes to see these movements on a chart. When looking for these movements, notice the “pause” or the “ranging” can last for one candle or it can be multiple candles. With practice and application, you will begin to see these patterns and recognize them subconsciously and with little effort. IT'S all about executing buy trades in demand areas in a strong bullish trend and executing sell trades in a supply zone in a strong downtrend
Ascending Channel, Where would you Enter?Hello traders , don't forget to follow . Here's an educational post about Ascending channel. Remember chartisme only works if it is combined with supply demand and market structure GIVE a like for more content!
Will XAUUSD fall lower?Gold has been in Zone 2 for a while, will price move lower or higher after this week?
Gold had fell from Zone 4 to Zone 2.
Lately the price remains at Zone 2.
Will any changes from FOMC make Gold to move lower?
www.cnbc.com
www.cnbc.com
www.wsj.com
Interest rates 101: How they influence the market?As individuals, we face decisions every day that implicate saving money for a future use or borrowing money for consumption. If we want to make an investment, one important task for us is the analysis of transactions with present and future cash flows. When we place value on any asset, we are trying to determine the worth of a stream of future cash flows.
Money has time value which means that individuals prefer a given sum of money the earlier it is received.
Consider the following exchange: You pay $4,000 today and in return receive $3,500 today. Would you accept this arrangement? Not likely. But what if you received the $3,500 today and paid the $4,000 one year from now? Can these sums be considered comparable? Possibly, because a payment of $4,000 a year from now would probably be worth less to you than a payment of $4,000 today. It would be fair, therefore, to discount the $4,000 collected in one year; that means to cut its value based on the time that passes before the money is paid.
An interest rate( r ) is a rate of return that reflects the relationship between differently dated cash flows.
If $3,500 today and $4,000 in one year are equivalent in value, then $4000 − $3,500 = $500 is the required compensation for receiving $4,000 in one year rather than now. The interest rate—the required compensation stated as a rate of return—is $500/$3,500 = 0.1428 or 14.28 percent.
Interest rates can be reflected in 3 ways:
1. Rates of return
2. Discount rates
3. Opportunity costs
The opportunity cost is the value that investors are willing to quit by choosing a particular investment over another. If the party who supplied the $3,500 had instead decided to spend it today, he would have forgone earning 14,28% on the money. So, 14,28% is the opportunity cost of current consumption over investing in this example.
From the perspective of an investor analyzing the market-determined interest rates we can see an interest rate r as being composed of a real risk-free interest rate plus a set of premiums that are required returns for bearing some different types of risk:
r = Real risk-free interest rate + Inflation premium + Default risk premium + Maturity premium + Liquidity premium
• The real risk-free interest rate is the interest rate for a completely risk-free security if no inflation is expected. In theory, the real risk-free rate echoes the time predilection of individuals for current versus future real expenditure.
• The inflation premium compensates investors for expected inflation and reflects the typical inflation rate expected over the maturity of the debt. The aggregate of the real risk-free interest rate and the inflation premium is the nominal risk-free interest rate .
• The default risk premium compensates investors for the risk that the borrower will fail to make a contractually agreed-upon payment on time and in the agreed-upon sum.
• If an investment needs to be converted to cash quickly, the liquidity premium compensates investors for the risk of loss relative to the investment's fair value.
• When maturity is extended, the maturity premium compensates investors for the increased exposure of the market value of debt to changes in market interest rates (holding all else equal).
Trade with care.
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The One Chart Pattern That You Must Trade!!!The One Chart Pattern That You Must Trade
What's a "first pullback"?
This is just the first pullback after a significant price event. For example:
- The first pullback after a trend line break.
- The first pullback after a breakout.
- The first pullback after break down (short).
- The first pullback after any wide range candle.
- The first pullback after a break to new highs
EX:
The first pullback after a trend line break.
The first pullback after a breakout.
The first pullback after a breakout EMA
The first pullback after a break to new highs.
The first pullback after a breakout from the range
The One Chart Pattern That You Must Trade!!!The One Chart Pattern That You Must Trade
What's a "first pullback"?
This is just the first pullback after a significant price event. For example:
- The first pullback after a trend line break.
- The first pullback after a breakout.
- The first pullback after break down (short).
- The first pullback after any wide range candle.
- The first pullback after a break to new highs
EX:
The first pullback after a trend line break.
The first pullback after a breakout.
The first pullback after a breakout EMA
The first pullback after a break to new highs.
The first pullback after a breakout from the range
Breakout - Retest - Confirming price action!What is a Retest?
Retests in the Forex market come in all shapes and sizes. They can come after a market breaks a key horizontal level of support or resistance or a breakout from a wedge pattern.
Market Dynamics of a Retest and Confirming Price Action
The 3-Step Method That Predicts a Change in TrendThe 3-Step Method That Predicts a Change in Trend
The three steps are:
1. A trendline is broken.
2. There is a retest and failure.
3. Price falls below the prior low
These three steps define a stock that has moved from an dowtrend to a uptrend. Learn these three steps and you will never trade on the wrong side of the trend again.
Step 1. A trendline is broken
Step 2. There is a retest and failure
We know that a stock in an downtrend makes lower highs and lower lows. When a stock fails to do this, we should be begin to question the trend. This stock has now tested that prior low - and failed. So, this stock is no longer making lower lows. But, it is not making higher highs either!
So far, there is no confirmation that the trend has changed.
Step 3. Price rises above the prior high
The 3-Step Method That Predicts a Change in TrendThe 3-Step Method That Predicts a Change in Trend
The three steps are:
1. A trendline is broken.
2. There is a retest and failure.
3. Price falls below the prior low
These three steps define a stock that has moved from an dowtrend to a uptrend. Learn these three steps and you will never trade on the wrong side of the trend again.
Step 1. A trendline is broken
Step 2. There is a retest and failure
We know that a stock in an downtrend makes lower highs and lower lows. When a stock fails to do this, we should be begin to question the trend. This stock has now tested that prior low - and failed. So, this stock is no longer making lower lows. But, it is not making higher highs either!
So far, there is no confirmation that the trend has changed.
Step 3. Price rises above the prior high
