If we want to trade on the 5 mins time frame we need to start our analysis on a higher time frame. Preferred combination 4hr + 5 min. In 4 hours setup we do our analysis look for key levels, where are we in the bigger...
When we 1st time saw the chart, we had no idea what’s going on in these price charts the black background with the grid and we have the green and white candlesticks and it continues to confuse and we had no idea...
Bullish Bat harmonic pattern With the bullish Bat pattern, it looks like a stretched-out “M”.The price rises, forming an X-to-A leg higher, then pulls back, retracing less than 0.618 of XA. Here, the ideal retracement...
Harmonic patterns can be used to spot new trading opportunities and pricing trends. Harmonic patterns are chart patterns that form part of a trading strategy – and they can help traders to spot pricing trends...
Support and resistance levels are price levels of utmost importance based on historical data and used by traders to identify where in the future the price movement may stall and reverse. Support A support point is the...
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