I’ve been learning forex for about 2 months, at the moment I’m practising trading pullbacks with Fibonacci and candle stick patterns, this set up shows a pullback to the 50% retracement level with lines up with previous resistance now acting as support.
#BTCUSD #TechnicalAnalysis #Bitcoin has formed a #headandshoulderpattern against dollar and has broken the neckline. It has formed after a significant uprun, which validates the pattern. We expect the counter to be bearish in the near-term https://traderpulse.com/forex-analysis-app/#pricing
http://twitter.com/forex_in_world/status/1301837859175968768Chart Art work: Pattern Breakout and Retracement Trades on EUR/GBP and AUD/NZD https://t.co/L5iFQsVb9Z— FOREX IN WORLD (@forex_in_world) September 4, 2020
http://twitter.com/forex_in_world/status/1301109287939387392Chart Artwork: Pattern Continuation Patterns on GBP/USD and USD/CAD https://t.co/BRxYxhM0OB— FOREX IN WORLD (@forex_in_world) September 2, 2020
GBP/CHF Technical Analysis *The counter is currently in a 3-wave bear cycle. *Further, it is currently forming wave B in the form of a bearish flag pattern. *Hence, we expect the pair to find resistance around this area and commence its wave C. https://traderpulse.com/forex-analysis-app/#pricing
I think I may finally have an understanding of forex and how to read charts, chart patterns for reversals, etc.
I have been studying for a little more than a month nearly 10 hours a day and it wasn’t clicking before but yesterday I had an AH HAAA moment and think it all makes sense. I still have a lot more learning to do but it just feels like a big relief :D
EUR/GBP Wave Analysis ~ After dismal data from Britain, EUR/GBP was off to the flyers yesterday. ~ It could be interpreted as a wave pattern and is now forming wave 4. ~ Hence, we expect the pair to be bullish in the near-term. Get here https://traderpulse.com/forex-analysis-app/#pricing
http://twitter.com/forex_in_world/status/1281156860612169728Chart Art work: Immediate-Time frame Pattern and Vary Opportunities on EUR/USD and USD/CAD https://t.co/VquzDevp5y— FOREX IN WORLD (@forex_in_world) July 9, 2020
Pattern trading (reading the markets, candlesticks and and understanding how the markets work) Forex, stocks, Options
Ive been trading for 4 years. Ive seen up and I've seen downs, overall I've lost more then I've won. Can anyone give some sensible advice I can understand. I know all the terms, I have my own strategies but I just feel like I cant get it to the point where I can give up having a main job. Id like to be financially free. I'm looking into learning to trade options as well, I have stocks and some cryptos. Any advice, tips, strategies, words of wisdom are welcomed. Thank you
The 1-2-3 Pattern Indicator is a forex technical price action pattern indicator that recognizes and displays three legs of the 1-2-3 pattern. Additionally, the indicator places Fibonacci extensions on the chart. The 123 pattern is formed with three waves of price movements that create the 1,2 and 3 legs. This tool is commonly used for […] The Bheurekso Pattern is a custom forex indicator that automatically recognizes and displays candlestick patterns like Bullish Engulfing, Bull Harami, Bearish Engulfing, etc. The indicator is also known as Bahurekso Pattern. How to install the Bheurekso Pattern on your Metatrader 4 trading platform? Download the indicator by clicking “LINK” button at the bottom of this […] Forex candlestick patterns are a popular tool to analyse price charts and confirm existing trade setups. They have been used for hundreds of years by Japanese rice traders and have made their way to the West through Steve Nison’s books. In this article, we’ll cover what Forex candlestick patterns are, how they’re formed, and how to trade on them. The Forex Candlestick Patterns Method: Pattern 1: Pin Bar The name says it all about the shape. Here is the screenshot of pin bar. There are two types of pin bar: Bullish Pin Bar(yellow highlight) Bearish Pin Bar . Bullish Pin Bar . The bullish pin bar is for buy signal. It is recommended to trade the bullish pin bar pattern during retracement or downtrend. Example 1. Example 2 (retracement ... Should be looking for these Forex Master Patterns on all time frames, this 1-hour example clearly shows you contraction phase (do not trade), extension phase (could trade, around 180 pips possible on bullish trade) and trend or profit phase (should trade, around 300 pips possible on bearish trade). Need to train your eyes to see these in real-time, to take advantage of these and use tight stop ... I only use a handful of Forex chart patterns. In fact, I would say that 80% of the trades I take are based on channels. That’s it! Surprised? The thing is, I like to keep things simple; really simple. I’ve often said that you only need one pattern to become successful as a Forex trader. The Flag chart pattern has a continuation potential on the Forex chart. The bull Flag pattern starts with a bullish trend called a Flag Pole, which suddenly turns into a correction inside a bearish or a horizontal channel. Then if the price breaks the upper level of the channel, we confirm the authenticity of the Flag pattern, and we have sufficient reason to believe that the price will start ...
How to trade Flags and Pennants Chart Patterns Forex ...
Learn how to read patterns in your trading trading charts and to understand what they are trying to tell you. Trend patterns and chart patterns such as recta... The M & W PatternThis Forex trading strategy is a strategy that uses specific chart patterns as the base for low-risk entries on trades with a high probability ... How to trade Flags and Pennants Chart Patterns Forex Trading Strategy The flag pattern is encompassed by two parallel lines. These lines can be either flat o... The best forex candlestick patterns you need for your forex strategy. I'm going to cover some candlestick basics and candlestick patterns for beginners. This... It is good to strengthen your strategy than jumping from one strategy to the other. Treat Forex like work and respect it. Being consistent takes some time #forex #forextrading #bestforexstrategy In this video we break down what makes up M and W patterns in context to trading with market makers. Connect with Us:... Chart Patterns are well established in forex and CFD trading and work as well for cryptocurrency investing. There are numerous chart patterns and lots of gim...