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📉📉📉 Wedge Trading Pattern 📉 What Is a Wedge? A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. 📉 Understanding the Wedge Pattern A wedge pattern can signal either bullish or bearish price reversals. In either case, this pattern holds three common characteristics: first, the converging trend lines; second, a pattern of declining volume as the price progresses through the pattern; third, a breakout from one of the trend lines. The two forms of the wedge pattern are a rising wedge (which signals a bearish reversal) or a falling wedge (which signals a bullish reversal). 📉 Falling Wedge When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the upper trend line. This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. 📉 Rising Wedge This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Do you use this trading pattern ?
OANDA:XAUUSDEducation
by AnonimFXRO
Volume Trading Indicator 📉📉📉✅ Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move. ✅ Volume indicators are technical tools to evaluate a security's bull and bear power. Most look specifically at buying vs. selling pressure to determine which side is in control of price action. Others attempt to identify emotions that are moving the security at a particular time ✅ A high positive multiplier with high volume indicates strong buying pressure which pushes the indicator higher. On the other hand, a low negative number with high volume indicates strong selling pressure which pushes the indicator lower. ✅ Down volume indicates bearish trading, while up volume indicates bullish trading. If the price of a security falls, but only on low volume, there may be other factors at work aside from a true bear turn Do you use this trading indicator ?
OANDA:XAUUSDEducation
by AnonimFXRO
ENGULFING CANDLESTICK PATTERN 📉📉📉✅ The pattern has greater reliability when the open price of the engulfing candle is well above the close of the first candle, and when the close of the engulfing candle is well below the open of the first candle. ✅ The bullish engulfing candle signals reversal of a downtrend and indicates a rise in buying pressure when it appears at the bottom of a downtrend. The bearish engulfing signals reversal of the uptrend and indicates fall in prices by the sellers who exert the selling pressure when it appears at the top of an uptrend ✅ The bearish engulfing candle occurs when the real body of a down candle completely envelops the real body of the prior up candle. A bullish engulfing candle occurs when the real body of an up candle completely envelops the real body of the prior down candle. ✅ How accurate is bullish engulfing? The bullish engulfing candlestick acts as a bullish reversal 63% of the time, which is respectable, ranking 22 where 1 is best out of 103 candle patterns ✅ What is bullish engulfing pattern? A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick, the body of which completely overlaps or engulfs the body of the previous day's candlestick. What do you think ? Comment below..
BINANCE:BTCUSDEducation
by AnonimFXRO
US30 Entries + ExitsThe 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:US30USD
by ExclusivelyFX
2
AMD Trading Pattern 📉📉📉📈 To increase your chance of succeding in the financial markets as a trader you should understand what the market phases is and the logic behind this concept. 🔰 Accumulation - tipically accumulation is a range area where price forms equal highs and lows, from an institutional perspective we can see this zone as a clash between sellers and buyers usually after a accumulation move price will move sharply into a direction 🔰 Manipulation - manipulation aka the FAKE move will be the first move that exists the range in 80% of the situations the first move is just a move to trap retailers go into a certain direction and then quickly reverses, usually the manipulation happens during LN open (London) NY open ( New York ) NYSE open ( Nasdaq ) and the accumulation move forms during asian session especially for fx pairs 🔰 Distribution - distribution is the moment when price takes the opposite direction of the MANIPULATION it is offten called the TRUE DIRECTION of the DAY where its generally raided by institutions because retail traders were trapped in the manipulation phase. Was this a valuable information ?
BINANCE:BTCUSDEducation
by AnonimFXRO
Market Strucutre 📉📉📉✅ MARKET STRUCUTURE . Today we will talk about market strucutre in the financial markets, market strucuture is basicall the understading where the institutional traders/investors are positioned are they short or long on certain financial asset, it is very important to be positioned your trading opportunities with the trend as the saying says trend is your friend follow the trend when you are taking trades that are alligned with the strucutre you have a better probability of them closing in profit. ✅ Types of Market Strucuture 🎯 Bearish Market Strucuture - institutions are positioned LONG, look only to enter long/buy trades, we are spotingt the bullish market strucutre if price is making higher highs (hh) and higher lows (hl) 🎯 Bullish Market Strucutre - institutions are positioned SHORT, look only to enter short/sell trades, we are spoting the bearish market strucutre when price is making lower highs (lh) and lower lows (ll) 🎯 Range Market Strucutre - the volumes on short/long trades are equall instiutions dont have a clear direction we are spoting this strucutre if we see price making equal highs and equal lows and is accumulating . I hope i was clear enough so you can understand this very important trading concept, remember its not in the number its in the quality of the trades and to have a better quality try to allign every trading idea with the actual strucutre
BINANCE:BTCUSDEducation
by AnonimFXRO
Inside Bar Candlestick Pattern📉📉📉We will cover the following today: Inside Bar (Inside Day) Inside Days ✅ Inside Days are a daily pattern involving two daily candles, we have a day of trade, also known as the ‘mother candle’ and then the following day trades the whole day within the range of the previous day. This is a two-day bias suggesting a potential reversal. A great way to play these sorts of biases is to pre-empt the failure of this reversal, as well as playing the success of the inside day, so what does this look like? Let’s take a look at an example below. ✅ What is an inside bar? The inside bar is a popular reversal/continuation candle formation that only requires two candles to present itself. This pattern is a direct play on short-term market sentiment looking to enter before the 'big moves' that may take place in the market. ✅ Is an inside bar bullish? First, unlike other candlestick patterns, inside bars are usually not distinguished as bullish and bearish by their look or color of the body itself, but rather by the location they are at and other peripheral developments ✅ An “inside bar” pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar, i.e. the high is lower than the previous bar's high, and the low is higher than the previous bar's low. 📈 HOW TO IDENTIFY AN INSIDE BAR ON FOREX CHARTS The following steps are used when identifying the inside bar pattern on forex charts: Identify a preceding trend using price action/technical indicators Locate inside bar pattern whereby the inside bar is engulfed fully by the preceding candle high and low
BINANCE:BTCUSDEducation
by AnonimFXRO
💵U.S.Dollar/Canadian Dollar 💵Analyze !!!U.S.Dollar/Canadian Dollar made Bullish Gartley Harmonic Pattern , and I expect that it will grow from TRZ (Time Reversal Zone). I showed you the targets of the Bullish Gartley Harmonic Pattern in my chart. 🔅U.S.Dollar/Canadian Dollar Analyze ( USDJPY ) Timeframe 4h ⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Long
by pejman_zwin
XRPUSD cryptocurrency this week has attempted corrective growthXRPUSD cryptocurrency this week has attempted corrective growth, Yesterday, a strong impulse could be observed at the XRP. This is due to the fact that the new Biden law put a checkmate in the case with the SEC. I'm expecting XRP to cost more to be part of the new financial system. During the first cycle, we had a strong bullish impulse which was then corrected by a complex WXY structure as indicated on the chart. Wave W was a simple ABC, wave X was also an ABC structure with wave B a triangle, and the Y was an impulse 12345. Around 20th Feb-2022 a new cycle is beginning, we have had the first wave completed and retraced at 78.6% fib level. investors can now buy XRPUSD with a protective stop at 0.600.
BINANCE:XRPUSDLong
by oxxygee