Chart Patterns - Spotting Opportunities
For chart analysis, candlestick patterns, chart patterns, and other technical analysis tools
This is the the best important group of all groups and I dont think anyone realize it.. I justtttt now starting to use my eyes and see Price action > Indicators. I have infant eyes but yes price action now .. im really seeing it . Neovision haha.
Also read my last comment here before you try taking a long just because you see a bullish divergence. You guys keep missing the most important part. www.coffeeshopcrypto.net/index.php/lounge/pages/vi… A divergence doesnt mean a reversal.
This is the step by step video for this strategy / Idea
This is the step by step video for this strategy / Idea
i think you are getting confused because you like many other people are attempting to believe that the wick and price level of a heiken ashi candle is relative to price. its not. Ill say this again The HA candles in the algo are just a representation of the RSI. NOT OF PRICE. Also when looking for divergences, the length of the wick is not...
Here is the photo example
Divergence ?? Maybe
So im not an super experienced trader as most here but been trying to follow along for a while. I came across this on my chart lately off BTC and 2-24- But couldn't figure out if a divergence is based off the Candles from the Algo being higher and lower opposite to the PA or the wicks from the PA being opposite. I attached a photo and wanted some...
Chart Patterns - Spotting Opportunities
Unlocking Success in Trading: Navigating Chart Patterns...
If you're stepping into the world of trading, you've probably heard about chart patterns like head and shoulders or triangles. Think of them as historical snapshots of price movements that traders use to predict market trends. But, here's the thing – they're not foolproof. Let me share some advice to help you navigate these patterns...
Chart Patterns - Spotting Opportunities
28betz you know there is an IDEAS area where you can create a page that turns into a discussion just like the IDEAS area of tradingivew. THe idea can be a trading setup. A combination of indicators. PRice action idea you have. etc
Short on Sol looks good. Rsi below zero and rejected on 1 hour. im using rsi breakout and heiknshi algo along with 3 pl ma. they work nicely in combination. Entry 111. TP- 103. 20x lev.
yea id say so
S/R and BOS/ CHOCH lvl's, breaking a order block with volume. Did see your chart ones, now it's not opening normally. Inside 2 order blocks/ S/R zones are the less important.... right?
BoldorXL Funny thing about the Heiken Ashi. Ive created a Heiken Ashi candle overlay that works WONDERFUL. I just need to fine tune it. Itll be another little addon for you guys . And itll refine PIVOTS for breakout trading in ranging markets. This new setup will allow you to know which pivots you need to break and which ones you...
I still find trading on price action alone, naked chart, very difficult. I notice that I am getting more and more in touch with it, I learn something new every day. For me, the EMAs, Volume, HA, RSI and Stocashi work well. Before the 10-28EMA strategy was shown, the HA has been my main indicator from the beginning in combination with the...
well I dont know but Symmetrical triangles, H&S, Double Top Bottoms.... with price action and volume confirmations play out too me
what do you mean by "not in play"
Indicators vs. Price Action - Striking the Balance
You can easily be lost in the world of the pretty colors and lines that automatically move on the chart.I'm intrigued by the ongoing debate between using technical indicators and relying on pure price action for analysis. Which camp are you in, and why? Do you believe in finding the right balance between the two approaches? Let's share our...
Chart Patterns - Spotting Opportunities
I think that most of the chart patterns are not in play anymore. I only rely on price action
This is an important group, theres always more to learn in chart patterns and what to look for
The most videos I appreciate from you are the ones where you explain how to look at charts while using indicators as an aid. So videos or teaching sessions ( but not too long, around 30 min to an hour) would be great. I always need examples when is it best to use an indicator or not