Fibonacci Retracement: For Projections and Retracements: The subject of Fibonacci levels is quite intriguing. To fully understand and see the term Fibonacci levels, one should understand the Fibonacci series. The origin of the Fibonacci series can be traced back to ancient Indian mathematicians, and various claims date back to 200 B, C. However, during the XII...
Description Hello, how are you? Because you are somewhat stressed by the current situation of Bitcoin, it is understandable, do not worry. I introduce myself. I am Sofí the owner of this TradingView account, we are currently going through the classic correction after a rather gigantic Bullish stage. First of all, tell you that everything here is well founded, and...
Business is a main economic criterion that involves the purchase and marketing of goods and services, with compensation paid by a customer to a seller, or the barter of goods or services in the middle of the pieces. Business can take place in an economy between producers and customers. Global business enables nations to expand markets for both goods and services...
Supports,Resistors and Trend First of all say that all the forms of Supports and Resistances mentioned in this guide are based on my personal experience, there are several ways to really see it, but you can take it as you wish. This topic is broad, and it is not based on the use of a tool, I consider that the tools are good enough to give you ideas, but it all...
BaseLine. The baseline chart shows price movements relative to a baseline of your choice. This can be very useful for analyzing price fluctuations. In other terms, it serves to visualize price fluctuations in a bullish & bearish way. Where we would take as possible entries to the bearish zone. Although it should be added that this usually works quite a bit in...
Line A line chart is important to traders and investors, as they (traders and investors) consider the closing price to be more important than the opening price, low and high during a particular period. In summary, it is only a graph that takes into account the closing price of each Bar. This graph can be quite useful in the hypothetical case of certain...
Most day traders prefer to use candlestick charts for their analysis, but most have not heard of Heikin Ashi candles. Heikin Ashi candles have recently gained popularity among daily traders to more easily identify a certain trend. Candles: Heikin Ashi Seeing this: Can we tell the difference?, Heikin Ashi is made to identify a trend not the...
Guide Candles Patterns Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend. Basic Candles - Three Line Patterns 1- Advance Block Description: The Advance Block is classified as a three-line bearish reversal pattern. The first line is a white candle that appears as a long line in an uptrend....
Guide Candles Patterns Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend. Basic Candles - One Line Pattern 1- Bearish Belt Hold Description: Bearish Belt Hold is a one-line pattern formed by the basic opening candle Black Marubozu. There is no source that provides information on how short...
As one of the most popular types of business charts, a bar chart provides a lot of information to technical analysts. As a result, it enables traders and investors to come up with thoughtful trading strategies, designed to take advantage of the market, allowing traders and investors to profit from different values. To better understand a bar chart, you must learn...
Guide Candles Patterns Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend. Basic Candles - Two Line Patterns 1- Bearish Doji Star Description: The first Bearish Doji Star line has to be a white candle that appears as a long line (White Candle, Long White Candle, White Marubozu, White...
The crisis economic current no to begun from recently, empezo does a lot. Since a lot of factors did a big inflaccion along the time. But it exists a boom that increase the growth of this, being an example "The current pandemia that follow having" among others factors to resaltar, see a bit the current panorama of all the economia, based in different paises. And...
What is an HS? Head and shoulders pattern What is a head and shoulders pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outer two being close in height and the middle being the tallest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a reversal from...
Guide Candles Patterns Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend. Basic Candles 11- Long White Candle Description: When analyzing the situation on the chart, it is always more important to observe what is happening at that moment. Therefore, in order to determine whether the candle...
Guide Candles Patterns Candlestick patterns are usually quite good when trying to finish an analysis as it can help you confirm a trend. Basic Candles 1- Black Candle Description: The black candle often appears on the candlestick charts. In a downtrend, it should be primarily treated as a signal of the strength of a trend that we can expect to...
What is Hollow Candles? Many traders day by day enter the platform without knowing the other types of existing candles, believing themselves "Professionals" and decide to stop learning because they believe that candles is everything, well if you like to learn, you are welcome to this guide in which we will explain how all types of candlestick chart work. ...
Well first of all a possible bearish channel is being confirmed If we realize there was an excellent test at 38.2%, it means that in that area there is a large order block betting upwards, so all is not lost. If we realize there was an excellent test at 38.2%, it means that in that area there is a large order block betting upwards, so all is not...
Story . It began to be used in Japan in the 17th century to anticipate the price of rice and to establish futures contracts that were profitable for the analyst. From there it expanded to other markets. Basic Candle Theory: To create a candlestick chart, you must have a dataset that contains open, high, low, and close values for each time period that you...