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TA

⭐Technical Analysis (TA)⭐ 👋🏻Guys, we recently finished considering the basic trading methods. 👇🏻 I suggest starting a new section. 💪🏻One of the most important for the trader. ✌🏻Fundamentals of Technical Analysis (TA). ✌🏻I am sure that it would be very important for beginners, and for other traders too. Let's start from the beginning.✈ 💫 Let’s Go 💫 The essence of technical analysis is, that people, from a psychological point of view, behave the same way in the markets and in ordinary life. At the same time, models of people's behavior are drawn on the markets, which are repeated constantly. The task of technical analysis is to assess the future state of the market from an analysis of its past state. 🗝🗝🗝Key Points🗝🗝🗝 Technical analysis (TA) is a study of market dynamics, most often through charts, in order to predict the future direction of price movements. In this technical theory, as in any theory. There are basic postulates. 1️⃣ Axiom - Prices include everything Any factor affecting the price (for example, the market price of a product) - economic, political, psychological - is taken into account in advance and reflected in its chart. 2️⃣ Axiom - Price Movement Subjected to Trends This assumption became the basis for the creation of all methods of technical analysis. The main task of technical analysis is to determine the direction of price movement for use in trade. 3️⃣ Axiom - History Repeats Analysts suggest, that if certain types of analysis worked in the past, then they will work in the future, as this work is based on sustainable human psychology. Technical analysis also allows you to understand the general state of the market at the moment. Technical analysis as a whole can be defined as a method of forecasting prices based on mathematical, rather than economic calculations. Technical analyst reveals market sentiment, setting himself a set of the following goals: ⭐1. Assessment of the current direction of price dynamics, that is, the identification of a trend. The following options are possible here: ✔ up movement ✔ down movement ✔ flat (accumulation / distribution) ⭐2. Assessment of the term and period of validity of this area. May be: ✔ short-term trend ✔ long-term trend ⭐3. Estimation of the amplitude of price fluctuations in the current direction: ✔slight change in course ✔ strong change in course 🙃🙃🙃If this introductory post interested you, put me like and subscribe.❤ 🥰😍🥰A lot of interesting things awaits us further. Soon you’ll know about: 🔖Graphic methods 🔖Analytical methods 🔖Cycle theory 🔖Wave analysis 🔖Resistance / support levels 🔖Channel - element of technical analysis 🔖 Fibonacci levels ⚡Stay with me⚡ Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
8
👨🏽‍🎨👩🏽‍🎨👨🏻‍🏫HOW TO MAKE TA IN 10 MIN 👨‍🏫👨🏻‍🎨🧑‍🎨Hello guys! In next 10 min I will teach you how to make TA! Really simple steps to create your TA. 4 useful tools to build your TA: -Trend Line -Head and Shoulders -Levels -Fibonacci ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊 Stay tuned to Artem Crypto
WEducation
by ArShevelev
17
LINK - H&S pattern? TA trainigHello traders, This is quinck analysis about possible H&S pattern just shown up today... Im not sure if is it real H&S pattern or just fake one, so Im posting this to open conversation with you guys... Everything suggest that is supposed to be real pattern, but Im worried about volume... Theory says that left shouled volume should be the highest from pattern, then head volume and the lowest should be right shoulder... but it is not like that in this figure... However, if is it real H&s pattern then we can expect fall to level around 2.68 (yellow line)... Anyway at this moment we can see pullback from neck line, so the best is to wait for confirmation... Let me know what you think in a comment session, cheers
COINBASE:LINKUSDShort
by BohemianCrypto
EURCHF: Bullish Run In A Few Hours Using support and resistance, EURCHF seems to have reached its lowest support which has held since 2011. It held again in 2016, and 2017. Using the 30 minutes time-frame, price is forming a flag on the top of the bottom. This signifies a reversal of the current downtrend which seems to have been in progress since early February. However, there are other fundamental factors affecting the price of this pair like the weakening strength of the Euro due to the ECB's interest rate decision, and also the mayhem being caused by the Covid-19 in Italy. If all other factors remain as they are, the we should be expecting a bullish run in this market for the next couple days. Always keep your lot sizes small and use proper risk management techniques. All comments are also welcome, and debate is necessary for growth. I'm happy to welcome contradicting ideas, as it'll help me grow in making proper analysis in the future. Thanks guys.
Long
by Psalm01
1