Beary
Beary is categorized as a band-type indicator that highlights the upper limits of the market. In
simpler terms, when the market begins to experience an upward movement, this indicator
provides insights into potential points of resistance. Its name itself implies that when the market
reaches this band, it could be an opportunity to consider selling in the market.
Additionally, when the market enters the selling zone, basic candlestick patterns can be
employed to make informed decisions when entering the market.
As indicated by the yellow arrow in the image, whenever a candle in a rising market surpasses
and closes above this specific band, it indicates substantial buying activity within that segment.
In essence, this indicative AI enables us to leverage both selling and buying advantages based
on the prevailing market conditions.
The recommended time frame for optimal utilization is 30 minutes and beyond. No specific
rules, simply trade on signals.
simpler terms, when the market begins to experience an upward movement, this indicator
provides insights into potential points of resistance. Its name itself implies that when the market
reaches this band, it could be an opportunity to consider selling in the market.
Additionally, when the market enters the selling zone, basic candlestick patterns can be
employed to make informed decisions when entering the market.
As indicated by the yellow arrow in the image, whenever a candle in a rising market surpasses
and closes above this specific band, it indicates substantial buying activity within that segment.
In essence, this indicative AI enables us to leverage both selling and buying advantages based
on the prevailing market conditions.
The recommended time frame for optimal utilization is 30 minutes and beyond. No specific
rules, simply trade on signals.