Update to market cycle analysis with known patterns for educational purposes from the bearish perspective. It has to be noted that, what comes from this hour on forwards, could be well depended also from the macro forces on the market ( BTC 1.39% movment, and roadmap).
Start from the Pink text box and work your way down.
I have charted down
- few parts of market cycle with red bubble
- Major and minor bearish downtrend lines
- and multiple Patterns ( Broadening wedge , bearish pennant ,etc)
For reference about red text bubbles use this link. onemint.com/2010/06/30/wall-street-cheat-sheet-psychology-of-a-market-cycle/
Let me know what you think about my interpretations....all ideas and comments are welcome..remember Kaizen (continous education will make us great)
Start from the Pink text box and work your way down.
I have charted down
- few parts of market cycle with red bubble
- Major and minor bearish downtrend lines
- and multiple Patterns ( Broadening wedge , bearish pennant ,etc)
For reference about red text bubbles use this link. onemint.com/2010/06/30/wall-street-cheat-sheet-psychology-of-a-market-cycle/
Let me know what you think about my interpretations....all ideas and comments are welcome..remember Kaizen (continous education will make us great)
Catatan
Up or than down to next buy zone
Catatan
Education continues:
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.