Stock is in a down trend considerable flag pattern formed overall looks very bearish
( For Educational Purpose Only)
( For Educational Purpose Only)
( For Educational Purpose Only)
( For Educational Purpose Only)
( For Educational Purpose Only)
Guessing chart patterns in Higher timeframes & then moving gradually to lower timeframes for Confirmation & Entry points. Technical Indicators which I am using here is Moving average. 1. First looking at the weekly and daily timeframe, I confirmed that stock is trading above the Moving average. Also, there is an impulsive buying followed by some correction. This...
Every expert trader was once a newbie trader. Every Pro trader was once losing money consistently. And everybody starts trading with zero experience. Why very few only become a successful trader? How a person approach trading decides it. If you want to swim, you know very well theory knowledge wont help, only experience helps you to swim. Someone will instruct...
Simple trend reversal pattern identification. Pattern preceded by Down trend Pattern location is very important for pattern to workout. here pattern is formed exactly at the breakout level. So chances of pattern to work out. Never follow patterns in isolation, combine other things with it. Breakout candle is having a wick, so have a cautious approach. Check...
It's a clear double top pattern there is a 70% chance that after a minor retracement the market will go down you can buy now or wait for the retracement to be done, it's up to you many big raders buy half their quantity at this point so in case if the market show a sudden move they won't be left out.
Common Stock market Mistakes every beginner have faced. I will add 2nd idea soon based on mistakes in trading journey.
Shows available Public Library Indicators for Pivot Points & CPR