👑Royal Trend👑 Topic Trading Things Topic - Option Trade and Trading 💸💸💸💸👑🤑 #If u Buy stock without stop loss that mean U are weak in Physiology #Train Your self To take small trade with Stop-loss How to make Big Profit💸 With Small Account In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸 How market really work with number's How important is...
👑Royal Trend👑 Topic Trading Things #If u Buy stock without stop loss that mean U are weak in Physiology #Train Your self To take small trade with Stop-loss How to make Big Profit💸 With Small Account In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸 How market really work with number's How important is option chain analysis? The option...
Drawdown is the metric used to measure the decline in a performance curve relative to a previous peak. It represents the distance between a maximum point in the capital curve and its subsequent minimum. This indicator can be visualized in relative terms (%) or absolute terms (€, $...). In my opinion, I always recommend using relative data as it makes the analysis...
Correlation is a measure that establishes the degree of relationship between different assets. It is measured on a scale of +100% to -100%. In the case of a +100% correlation (perfect positive correlation), both assets move in an identical manner in the market. Conversely, if the correlation is -100% (perfect negative correlation), we are talking about two assets...
Introduction: In trading, there are two main components to consider: the psychological aspect and the technical aspect. While this tutorial will focus on the technical part, it's important to note that the psychological aspect is also crucial for trading success. In the technical realm, two key elements to prioritize are price action and volume. By understanding...
When it comes to investing, trading can be a highly lucrative and exciting way to potentially earn profits. However, it's not without its challenges. One of the biggest challenges for traders is avoiding common mistakes that can lead to significant financial losses. In this article, we'll discuss the most common mistakes traders make and provide actionable tips on...
Hello everyone, letit is in touch and today we want to tell you about one very cool indicator. MFI - (money flow index) is a technical indicator designed to demonstrate the intensity with which money is invested in a security and withdrawn from it by analyzing trading volumes and the ratio of typical prices of periods. it shows how attractive the asset looks....
Basics of Trading and the areas of interest of every trader to have minimum knowledge to understand the market and its movement. Volume Based Entries Basics of Volume When the price is trending volume will be above volume moving average that will be considered as trend, when volume is too high in a session thats higher than 3x to volume moving...
Bitcoin had a fantastic rally this year but also had seen the worst of the falls due to China’s crackdown. Let’s analyze the BTC chart and find out the critical signs we have observed during the fall and also analyze what’s the current situation. In this analysis, we will be using Trendlines, Supply and Demand Zones, and RSI. We shall understand them briefly....
Bitcoin is in correction now, what will happens next
It seems BTCUSD is in its reversal mode. As per harmonic patterns, it's not beyond $35000 in this run. As per crab Harmonic pattern, it has already achieved the of XA leg i.e.1.618 level. Whereas it is just waiting to achieve the extreme level of projection of BC leg i.e. 3.618 level.
For the same fractal previously my analysis went wrong, because this wasn't a perfect match. But the current chart shows perfect matching of fractal from the month of May- July matching with mid Nov -present. I my previous post I also mentioned that BTC is bullish so their is a possibility of failure of analysis and that actually happened. In the current...
BTC USD is creating an Extended Harmonic Patterns - The Crab Patterns B point retraced XA by Fib 0.618 (13102) level C Point is retraced AB between 0.786 and Fib 0.886 level. Now D point in the process of forming the important Fib extension of XA which is 1.618 level ( 29000 ) That is the projection as of now for BTC-USD in this bull run. Once it...
FLAG = Impulse + Correction 📚 LEARN MORE 💰 EARN MORE With ForecastCity After a significant drop in Bitcoin price , the price is in a correction wave. What makes the chart interesting today is that: . Bitcoin is likely to challenge the 18042 ~ 18227 resistance area. . A break above 18227 could push the pair to the 19487 area . . A resistance rejection ,...
BTCUSD has given the highest move now if it breaks $19000 level( fib retracement level of AB 0.236) then there will be a buying opportunity at $18434 (fib retracement level of AB 0.618) and $18118 ( fib retracement level of AB 0.718) level). It may target till all the important extensions of AB ( i.e. 1 ,1.272 and 1.618) in USD terms the targets may be...
Truncation learning - shortening something That why Elliot used the word failure shorter 5-wave compare to 3rd Wave, forever it does not move beyond or higher the end of the third. We prefer the less connotative term truncation or truncation fifth wave as illustrated in the chart. Reason of Truncating in 5th Wave: In the bull market, weakness in price &...
have all the makings of shooting to 16210 on weekly & daily charts & thats the point from where i fear fall will start to 7200 again . a longterm view ..have to save this chart with reminders .
In my previous analysis I talked about The falling channel Bitcoin was in. However when I took another look at it, it looked more like a falling wedge. This does not make any difference in the outcome of the price but this shows that TA can be subjective. But that is not what I wanted to talk about. Falling wedges and channels are my favorite bullish trade...