Ascending triangles are classified as continuation Patterns . Here are the key elements that make up an ascending triangle: 1. Bottom Trend Line(Support) – An ascending triangle is characterized by a bottom trend line that is formed as the price continues to set higher lows. The more touch points on the trend line, the more reliable it will be. 2. Horizontal...
A smart contract is a computer program or a transaction protocol respectively, which is intended to automatically execute, control or document respectively legally relevant events and actions according to the terms of a contract, of an agreement or of a negotiation. The objectives of smart contracts are the reduction of need in trusted intermediators, arbitrations...
Momentum is another word for how the price on your charts moves. Momentum analysis, though, is one of the most important skills any trader can learn. What is momentum? First of all, we need to understand what momentum actually means but this is straightforward. Momentum = Trend strength There are two ways of looking at momentum. The first one just looks at the...
A trend with strong bullish momentum at first. At the top the momentum ‘faded’
Support:- $9250/$8709/$7680 Resistance:- $9852/$10650/11900
Two Scenarios are passable: 1-Bullish: Break down below red fold line 2-Bearish: Break out above black line
Setting the zoom level of chart for best fit in one view 1- Alt + R or rest chart 2- Press the (zoom out) (-) button five times in my opinion this is the best display of the chart how do you set up? share in comments. test this setting and comment me if you like it. Encourage me by pressing like button.
support S resistence R high H low L higher low HL Higher hi HH Lower low LL Lower Hi LH Stop loss SL Take Profit TP
Generally, spread is the difference of two or more (it’s called basket then) financial instruments. Each instrument is generally taken into calculation multiplied by a weight coefficient. If a negative weight is used, the instrument will be sold when buying the spread and the other way round. Most traders say that markets nowadays have changed, become more...
Compression befor the big jump - breakout one side high pressure movment start new trend
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