The parabolic SAR is a popular indicator that is mainly used by traders to determine the future short-term momentum of a given asset. A dot is placed below the price when the trend of the asset is upward. A dot is placed above the price when the trend is downward. As you can see from the chart, transaction signals are generated when the position of the dots...
Wait for the breakout of the structure before entering the trade. Español: Esperen al rompimiento de la estructura antes de abrir la posición.
The wedge chart pattern signals a reverse of the trend that is currently formed within the wedge itself. Wedges are similar in construction to a symmetrical triangle in that there are two trendlines - support and resistance - which band the price of a security. Price just broke the wedge structure, giving us a good oportunity to go long. Español. El patrón...
English: 1. Rises to a peak and subsequently declines. 2. Then, the price rises above the former peak and again declines. 3. And finally, rises again, but not to the second peak, and declines once more. The first and third peaks are shoulders, and the second peak forms the head. Wait for a confirmation candle before entering the trade. Español: 1. El...
The wedge chart pattern signals a reverse of the trend that is currently formed within the wedge itself. Wedges are similar in construction to a symmetrical triangle in that there are two trendlines - support and resistance - which band the price of a security. Falling Wedge The falling wedge is a generally bullish pattern signaling that one will likely see the...
Because standard deviation is a measure of volatility, Bollinger Bands® adjust themselves to the market conditions. When the markets become more volatile, the bands widen (move further away from the average), and during less volatile periods, the bands contract (move closer to the average). The tightening of the bands is often used by technical traders as an early...
The moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The average is taken over a specific period of time. Trade methods: - A buy signal occurs when the 50-day crosses above the 200-day -A sell signal occurs when the 50-day drops below the 200-day. Moving averages can also...
English: AUDUSD is in a chanel structure, lets wait and see how price react to the support of the chanel, Trade the breakout or the bounce. Español: AUDUSD se encuentra en un canal bajista, hay que esperar y ver como reacciona el precio sobre el soporte de dicho canal. Hagan trade de la ruptura o del rebote.
U.S RSI (Relative Strength Index) The RSI is an oscillator, its movement is contained between zero and 100, it provides some different information than the MACD. One way to interpret the RSI is by viewing the price as "overbought" - and due for a correction - when the indicator is above 70, and the price as oversold - and due for a bounce - when the indicator is...
english: CADJPY-0.65% IS IN A POSIBLE WEDGE PATTERN The wedge chart pattern signals a reverse of the trend that is currently formed within the wedge itself. Wedges are similar in construction to a symmetrical triangle in that there are two trendlines - support and resistance - which band the price of a security. Wait for the breakout of the structure to...
English: GBPUSD is in a chanel structure, lets wait and see how price react to the support of the chanel. Trade the breakout or the bounce. Español: GBPUSD se encuentra en un canal bajista, hay que esperar y ver como reacciona el precio sobre el soporte de dicho canal. Hagan trade de la ruptura o del rebote.
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English: TAIWAN SEMICONDUCTOR price is making a corrective structure, and as we can see is just on the 0.618 fibonacci retracement level, so it is hard to tell whether the breakout will be bulish or bearish. Wait for it. Español: TAIWAN SEMICONDUCTOR está en una estructura correctiva, como podemos observar se encuentra justo sobre el nivel de retroceso de...
English: Microsoft price is making a corrective structure. These patterns, both the symmetrical triangles on the bullish as well as the bearish side, are known to experience early breakouts , the most possible trade is a long because of the long term trend, but hold off at least for a second candle of confirmation to determine whether or not the breakout is for...
US: AUDUSD is in a consolidation, it should bounce on the uptrend line (also a fibonacci level), buying the breakout is a good idea. E.S: AUDUSD se encuentra en una consolidación, el precio debería rebotar en la linea de tendencia alcista ( Coincide con un nivel de fibonacci), irse en largo cuando rompa la linea de contra-tendencia es una buena idea.
U.S: USDJPY is in a corrective structure. There is a possibility of one more impulse before it breaks up, but if it breaks on this down move, then selling the breakout should be a good idea. Trade the breakout. E.S: USDJPY se encuentra en una estructura correctiva. Hay posibilidades de un impulso mas antes de que la rompa, pero si rompe la linea de soporte,...
English: 1. Rises to a peak and subsequently declines. 2. Then, the price rises above the former peak and again declines. 3. And finally, rises again, but not to the second peak, and declines once more. The first and third peaks are shoulders, and the second peak forms the head. Wait for the price to break the neckline before entering the trade. Español:...
English: USOIL has been following a downward trend for about 42 days, several weeks ago price tested a minimum not seen since 6 years ago and had an up corrective wave reaching 50.8 . Now price is again following the downtrend and broke below a support level on 41.51 .Price is below both moving averages ( 90 and 7), the MACD and AO are showing signs of trend...