Price action is nearing the support at 530 - 535 level.
Price action always gives up to date information. The interpretation of price is an art and not an easy task. Adding a method to support one’s strategy, and an analysis which has more predictive value, could be very useful. A proper divergence is only present when the histograms indicating momentum have retraced back to the zero line. Two subsequent lows or...
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Price action is consolidating inside descending triangle. Waiting to confirm the trend direction.
Price action will decide support/resistance. Explanations later for newbie's after market hours.
Price action has to give rounding bottom break out or form a handle to become cup & handle pattern.
See how effective is the pin bar formed at support level.
Hi guys, double bottom or double top is one of the most powerful price actions if you use any oscillator divergence for confirmation of reversal but make sure it should break the trendline, why trendline is important because it shows you a change of character in price action... thank you keep support for more updates...
TOP THREE QUALITIES FOR SUCCESSFUL TRADER EVERY TRADER WANT TO KNOW THIS STRATEGY "PRP STRATEGY" PATIENCE From the above Three Qualities the top most according to me is "PATIENCE" which nobody can taught you . i am damn sure each and every trader must learn this through experience From the beginning i studied price action,working of indicators .I...
The rectangle strategy it’s both a continuation trade signal as well as a reversal trade signal. However, they are more powerful if used as a continuation pattern because you have the force of the trend working for you Keep in mind that this trading system doesn’t have a bullish or a bearish bias as they are neutral patterns when they develop. You’re not going to...
What is a leading indicator? A leading indicator in trading is a tool or metric used to predict future price movements in financial markets. These indicators provide signals about potential price changes before the new trend or reversal occurs, allowing traders to make informed decisions ahead of time. Leading indicators are particularly useful for identifying...
Mastering Demand Zones: Advanced Techniques in Stock Market Analysis Introduction to Demand Zones: In the realm of technical analysis, demand zones play a crucial role in assessing price movement and making informed trading decisions. A demand zone, also known as a support zone, is a price range on a chart where a particular asset, such as a stock, has...
Unit_of_Technical_Analysis: Chapter 3: Bull Cycle: how to identify prior phase, The Bull Cycle, How to trade the Bull cycle. Tools used: 1. Fibonacci 2. Relative Strength Index (RSI) (36) 3. Moving Average Convergence Divergence (MACD) (18, 36, 9) 4. Moving Average (MA) (36) Time Frame: Daily Method: 1. Bullish Divergence & Falling Wedge (or...
Nifty Range Levels for 6th June based on daily price action Please use this chart in coordination with this earlier chart I posted which is based on a wider range of price action:
Price reflection through Waves We all know that price does not moves in a straight line, it moves in waves. A graphical representation of price with respect to time always gives us a wavy structure. If you notice carefully, on any chart, these waves reflect different characteristics. Some will be longer and quicker than the others while some will be smaller and...
Hi friends, Mates and Colleagues today i am sharing an easy to understand publication on Triangle patterns commonly seen and used during charting and in technical analysis, hope it might be helpful for the new entrants in the world of Tradingview and technical analysis sharing below the description about Triangles, visuals and some insight about already shared on...