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...
Concept Volume:
(1): We have got a clear uptrend till now (pls check the example shared) until a good volume (red) candle comes out of nowhere, as mentioned - (1).
This is the first sign of weakness in the trend, long positions need to be trailed after that, one should avoid creating long positions. & high of this zone could be monitored serious turning point...
We all know that market moves in Phases. The four most popular phases are –
1️⃣Accumulation
2️⃣Markup
3️⃣Distribution and
4️⃣Markdown
Mr. Wyckoff analyzed these phases further, esp. Accumulation and Distribution, to understand the price behavior for potential opportunities to trade/invest in the market.
In this tutorial I am going to have a brief discussion...
Wave Volume Divergence Indicator is being introduced In this video, I explain how to use the indication and the purpose behind it.
Please forgive me if there are any mistakes in this video as I am not an expert speaker.
I'm expecting this video will make wave volume divergence indicator easier for you to understand. Please share this video and indicator with...
What makes volume price analysis so crucial?
Volume and price analysis play a major role in trading and investing. Volume analysis helps traders and investors identify whether there is significant interest in a particular security. It also helps to identify potential buying and selling pressure, which can be useful in predicting future price movements. Price...
Educational Post
Bullish Harami
Bullish Harami is candle stick pattern which shows counter attack by bull on bear entering the support zone.
Significance of candle stick pattern is at support level of charts.
Bullish(Green) candle should gap up from close of bearish(Red) candle and close should be above the median of bearish(red) candle with volume.
...
Those 2 green bars were of 6 & 8% resp. With no follow through. Price is sideways with major pick in volume, shows strong supply is incoming n those 2 green bars were created to lure Public. There can be a pullback, but it wont sustain. Increasing of volatility is a sign of big move, since 5%+ moves have become normal since mid May 2022. Even a 6% move on 16 May...
A rising wedge is a bearish pattern when it appears at the top of a mature uptrend. It signifies that a potential top might be in the offing. The duration (short/medium/long term) of the top depends upon the timeframe on which it appears.
Preconditions
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> A strong mature (multi-day/week)trend in the background
> Wave HH1 to be extremely smaller...
The stock tested the expected 1180 zone (see the following post) and was slammed down to break the channel.
Possible supports have been mentioned on the chart.
Hit like for better posts in the future.
Regards
Bravetotrade
