GAP FILLING TUTORIAL

-
GAP FILLING TUTORIAL (see image-1)
Image-1IDENTIFY THE GAP!(see image-2)
Image-2GAP HAS TO BE FILLED!(see image-3)Image-3RESISTANCE!(see image-4)
Image-4LOWER TIMEFRAME(see image-5)
I



Image-5UPWARD CHANNEL (see image-6)
Image-6TRADING THE PLAN(see image-7)
Image-7TRADING SETUP(see image-8)
Image-8WHO IS RIGHT?(see image-9)
Image-9THE TRADE(see image-10)

 Image-10

Comments

Post a Comment

Popular posts from this blog

HEAD AND SHOULDERS PATTERN

-
Image
Head and Shoulders pattern The head and shoulders pattern can be either head and shoulders, top or head and shoulders bottom. The Charts are a picture of a head and shoulders movement, which portrays three successive rallies and reactions with the second one making the highest/lowest point.  3.2.1 Head and Shoulders (Top reversal) A Head and Shoulders (Top) is a reversal pattern which occurs following an extended uptrend forms and its completion marks a trend reversal. The pattern contains three successive peaks with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal. The reaction lows of each peak can be connected to form support, or a neckline As its name implies, the head and shoulders reversal pattern is made up of a left shoulder, head, right shoulder, and neckline. Other parts playing a role in the pattern are volume, the breakout, price target and support turned resistance. Lets look at each part individually, and then ...
Read more

Fibonacci fan explained

-
Image
 A Fibonacci fan is a chart construction technique used in technical study that uses the Fibonacci interaction to graphically predict support and resistance levels.  The Fibonacci quantity can be used to explain the proportions in things, from the smallest building blocks of nature, such as atoms, to the most advanced patterns in the world, such as unimaginably monumental celestial bodies. Nature relies on this inborn proportion to preserve equality, but financial markets also seem to adapt to this "golden ratio!  Understanding Fibonacci fans  Fibonacci fans are sets of sequential trend lines drawn from a valley or peak by means of a group of views dictated by Fibonacci retracements. To create them, a trader draws a trend line from which to base the fan, which primarily covers the low and high costs of a cost over a defined period of time.  To achieve the retracement levels, the trader divides the cost difference at the lower and preeminent end by the proportion...
Read more