PIVXBTC - Need More Education on Corrective Structures
4-hr Chart. Much depends on BTC price action
One thing I notice is that as Volume or Total Marketcap decreases, the rare Corrective Structures are becoming more common. In fact so common that the words "Bear Trap" and "Bull Trap" seems to appear everywhere. If we can predict the rare 5 corrective structures, i.e., Triangle, Leading Contracting Diagonal, Ending Contracting Diagonal, Leading Expanding Diagonal and the Ending Expanding Diagonal, we would be able to manage risks better. Experienced traders could help in this regard as there is not many coverage out there
One thing I notice is that as Volume or Total Marketcap decreases, the rare Corrective Structures are becoming more common. In fact so common that the words "Bear Trap" and "Bull Trap" seems to appear everywhere. If we can predict the rare 5 corrective structures, i.e., Triangle, Leading Contracting Diagonal, Ending Contracting Diagonal, Leading Expanding Diagonal and the Ending Expanding Diagonal, we would be able to manage risks better. Experienced traders could help in this regard as there is not many coverage out there
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.