#how to trade breakout and retest

[signode-blog]

How to Trade the Breakout & Retest Pattern: Strategies That Work

Breakout and retest trading is one of the most reliable techniques in technical analysis. It allows traders to enter trades with confidence after confirming the breakout of a key support or resistance level. If executed correctly, it offers high probability entries, clear invalidation points, and strong risk-to-reward ratios. In this blog, we’ll break down everything you need to know about the…

[jamesmilleer2407]

How Kalkine and Kalkine Canada Analyze Affordable Equities Through Charts

In the dynamic landscape of financial markets, low-priced equities often emerge as focal points due to their accessibility and perceived potential for movement. A recent report by Kalkine Canada sheds light on such stocks trading under a specific threshold, using technical analysis as a primary lens. While headlines often spotlight large-cap giants, segments of the market comprising smaller and lower-priced equities reveal complex technical patterns and trading behavior worth evaluating.

Unpacking Technical Parameters in the Kalkine Canada Report

The comprehensive analysis curated by Kalkine Canada delves into multiple metrics commonly used in market behavior studies. Moving averages, Relative Strength Index (RSI), MACD, and volume oscillators are some of the tools leveraged to observe patterns in price fluctuations. These insights are not presented as predictions but serve to highlight market signals that could indicate trend shifts, consolidations, or volatility.

This report emphasizes the significance of technical cues in price discovery. The equities selected do not merely meet a price filter—they are subject to chart-based evaluations that capture their relative positioning, momentum, and market reaction in recent sessions. The use of consistent charting frameworks aligns with Kalkine's objective to deliver structured equity breakdowns.

Sectoral Diversity in Low-Priced Stocks

One of the key takeaways from the analysis is the wide sectoral distribution of these equities. From technology and energy to healthcare and mining, these companies span various domains, reflecting the breadth of opportunities within the Canadian capital market. Each stock highlighted has demonstrated technical movements that triggered thresholds such as trendline breaks, RSI reversals, or MACD crossovers—factors that form the core rationale behind their inclusion.

Kalkine Canada takes a neutral and analytical approach in identifying such stocks, focusing on how these technical traits evolve rather than projecting future outcomes. This neutrality ensures that the emphasis remains on current data trends and interpretations without directional assumptions.

The Appeal of Technical Analysis for Low-Priced Equities

Technical analysis holds particular importance when analyzing low-priced equities. In segments of the market where fundamentals might be evolving or less transparent, chart-based indicators often provide a visual summary of crowd psychology. The Kalkine Canada report showcases stocks with breakout patterns, trend momentum, and resistance-testing behavior—key themes that continue to gain attention in technical circles.

The report also highlights liquidity metrics and trading volume consistency. Stocks that maintain trading activity across multiple sessions, particularly in ranges considered low-volume, are given prominence. This focus ensures the assessment is grounded in actionable data rather than speculation.

Institutional and Retail Perspectives

The Kalkine platform underscores how both retail and institutional entities often look to technical charts when scanning under-the-radar equities. These entities may not necessarily engage directly, but the presence of technical signals such as consolidation zones or bullish divergences can influence sentiment and market positioning.

By contextualizing price actions within broader volume and trend dynamics, Kalkine Canada bridges a gap between raw chart data and synthesized insight. The findings cater to readers who rely on structure and discipline in their market reviews, rather than reacting to price alone.

Notable Technical Patterns Highlighted

Some of the equities mentioned in the report demonstrate chart setups such as ascending triangles, double bottoms, and support-retesting formations. These patterns often indicate consolidation phases or early signs of directional moves. The inclusion of these stocks is not driven by narratives but by quantifiable signals, ensuring alignment with objective criteria.

The use of Bollinger Bands and Fibonacci retracements in the analysis further enriches the depth of the report. These tools help to contextualize price movement within statistically meaningful boundaries, adding another layer to the comprehensive technical outlook that Kalkine Canada presents.

Key Takeaways From the Technical Assessment

The broader takeaway from the Kalkine Canada report is the growing role of structured technical reviews in identifying stock patterns—particularly in the lower price range segment. Rather than relying on speculation, the report adopts a multi-metric lens rooted in discipline and chart reading consistency.

Kalkine continues to emphasize a data-driven methodology that prioritizes clarity and neutrality. This structured, pattern-based approach appeals to readers who value insights derived from observable market behavior, ensuring relevance across diverse levels of market familiarity.

[whoisthebesttraderintheworld]

High Win Rate Trading Strategies for Traders Tired of Market Chaos

High Win Rate Trading Strategies for Traders Tired of Market Chaos

Struggling with inconsistent results? Discover high win rate trading strategies designed for traders who crave clarity, reliability, and a proven edge—even in volatile markets.

The Power of Simplicity in High Win Rate Trading

Complex setups often lead to confusion. Data shows that simple, rule-based high win rate trading strategies outperform discretionary methods by up to 34%. Focus on clean, mechanical entries and exits to remove doubt and stay disciplined. This sets the stage for consistent results, no matter the market’s mood swings.

Backtested Systems: Your Statistical Advantage

Research proves that strategies with at least a 60% win rate, verified by 10+ years of backtesting, dramatically outperform random trading. For instance, a moving average crossover with robust risk controls can yield stable profits. Let’s explore how you can implement backtested systems for peace of mind in every trade.

Risk Management: The Hidden Win Rate Multiplier

Even the best high win rate trading strategies fail without proper risk controls. Professional traders risk just 1–2% of capital per trade, ensuring small losses and letting winners run. This approach protects your edge and keeps you in the game for the long term, compounding your gains.

Trade Only the Highest Probability Setups

Quality over quantity: studies reveal that filtering trades for only the top 20% probability setups can boost win rates above 70%. Use clear criteria—like RSI divergences or volume spikes—to avoid overtrading and maximize each opportunity. Mastery comes from patience and selectivity.

Real-World Example: The Breakout Pullback Play

Consider the breakout pullback: entering after a confirmed breakout and waiting for a retest increases win rates to 68% historically. This pattern is simple, repeatable, and easy to spot. Integrate it into your playbook for reliable, actionable trades—even when the market seems unpredictable.

Simple systems boost confidence and consistency

Backtesting proves edge and builds trust in your strategy

Risk controls are essential to protect your win rate

Ready to reclaim control? Apply these high win rate trading strategies and transform market chaos into consistent gains. Start refining your approach today!

What is a high win rate trading strategy?

It’s a rules-based method that delivers more winning trades than losing ones—typically 60% or higher—proven by historical data and backtesting for reliability.

How do I know if my strategy has a high win rate?

Backtest your strategy over several years of historical data. If it regularly wins 60%+ of trades and maintains positive returns after costs, it qualifies as high win rate.

Have you found a strategy that finally boosted your win rate? Share your experiences or reblog! What’s the biggest challenge you face in achieving consistency?

[optionperks]

Tech View: Nifty traders await breakout on either side. Here’s how to trade on Friday

Nifty ended Thursday’s session 16 points higher above the 24,300-level to form a red candle with a minor upper shadow.

The overall trend of Nifty remains positive as per smaller to larger time frame chart. Having placed at the hurdle of around 24400 levels (1.618% Fibonacci Extension), there is a possibility of this consolidation/minor dip extending for the coming sessions. Immediate support is at 10 day-EMA at 23,990. Strong call writing was observed at 24,400 strike while strong put writing was observed at 24,300 strike in Nifty, which kept the index in a range throughout the day. The put writers have strengthened their position at 24,000 & 24,200 strike in Nifty.

Kunal Shah, LKP Securities On the expiry day, Nifty witnessed consolidation at higher levels but managed to trade above 24,200. The higher-end resistance is placed at 24500 where the highest open interest is built up on the call side. A break above this mark will likely see a fresh move on the upside. The lower-end support is at the 24200-24150 zone, and a decisive break below this level could lead to further selling pressure towards the 24000-23800 mark.

Shrikant Chouhan, Head Equity Research, Kotak Securities After a promising uptrend rally currently, the market is witnessing non-directional activity at higher levels, perhaps traders are waiting for either side to breakout. For the day traders now, 24400/80390 would be the immediate breakout level. Above which, the market could rally up to 24500-24525/80700-80800. On the flip side, below 24280/80000 the sentiment could change. Below the same, the market could retest the level of 24200-224165/79700-79550.

[market-news-24]

Pepe is on the brink of a breakout as a bullish pattern emerges. Investors are keeping a close eye on this trending cryptocurrency as it shows signs of potential growth. Stay tuned for updates on Pepe's imminent rise in the Market. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Pepe's price surged by over 3% in the last week, bringing it closer to its all-time high. The meme coin is on track to retest its ATH, with indications of a bullish pattern forming on its chart. This positive momentum has led to a 3.6% increase in Pepe's price in the past seven days. Currently, Pepe is trading at $0.000008732 with a Market capitalization exceeding $3.67 billion. The potential for Pepe to surpass its ATH in the near future is supported by a bullish ascending triangle pattern that has emerged on the chart. The coin's price has been consolidating within this pattern since April 1st and is poised for a breakout. While some indicators, such as the RSI remaining positive, suggest further price appreciation, others like the CMF and MFI indicate potential resistance. Santiment's data reveals that PEPE's MVRV ratio remains positive, but sentiment around the coin is turning bearish. Hyblock Capital's analysis warns of potential liquidation near $0.0000092, which could trigger a price correction. Overcoming this hurdle will be crucial for Pepe to test its ATH and potentially move higher. Stay tuned for more updates on Pepe's price movement and Market trends. If you want to check if your portfolio is in the green, use the PEPE Profit Calculator for a quick analysis. Keep an eye on how Pepe performs in the coming days to see if it can break above its resistance levels and reach new heights. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What is a breakout in trading? A breakout is when the price of a stock or asset moves above a certain level of resistance, indicating a potential upward trend. 2. What is a bullish pattern? A bullish pattern is a chart formation that suggests prices are likely to rise. It often signifies investor confidence and optimism in the Market. 3. What does it mean when PEPE is near breakout? When PEPE is near breakout, it means that the stock is approaching a key resistance level and may soon experience a significant price increase. 4. How can I identify a breakout in PEPE? You can identify a breakout in PEPE by looking for a sustained increase in trading volume and a price movement that breaks above a previous high. 5. Should I buy PEPE when it's near breakout? Buying a stock when it's near breakout can be a risky move, as there is no guarantee that the breakout will be sustained. It's important to do thorough research and consider your own risk tolerance before making any investment decisions. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later

function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

[stockmarketanalysis]

🚀 The Complete Guide to Gaps in Technical Analysis (With Real Market Examples)

When traders look at stock charts, some patterns scream opportunity. Gaps are one of them. These sudden jumps or drops in price can signal powerful moves—if you know how to read them.

In this guide, we’ll break down what gaps mean in technical analysis, explore the different types, and show you how smart traders in the Indian stock market are using them. You'll also see how tools like Strike Money help traders spot and trade gaps confidently.

Let’s dive in 👇

📊 What Exactly Is a Gap in a Stock Chart?

A gap occurs when a stock's price opens significantly higher or lower than the previous day's close, leaving a visible space on the chart.

This gap typically reflects strong buying or selling interest, often driven by news, earnings, macro data, or overnight sentiment shifts.

💡 For instance, in February 2024, Tata Motors gapped up after its quarterly results crushed expectations. The next day’s opening price was ₹60 higher, leaving a clear price gap on the chart.

🧠 Why Do Gaps Matter to Traders?

Gaps aren’t just chart glitches—they reveal real market psychology. A gap shows a sudden shift in supply and demand, often caused by:

🔹 Institutional buying or selling 🔹 Earnings surprises 🔹 Analyst upgrades/downgrades 🔹 Geopolitical events 🔹 Sector-wide moves

They often act as technical signals that traders use to set up trades with tight risk-to-reward.

🔍 The 4 Types of Gaps You Must Know (With Indian Examples)

Not all gaps are the same. Understanding their context is the difference between profit and pain.

🔓 Breakaway Gaps – When a Trend Is Born

These occur at the beginning of a new trend. They break out of a consolidation or range with strong volume.

🔥 Real-life: In April 2023, Zomato broke out of a 3-month range with a strong upward gap after announcing profitability in its food delivery business. That was a breakaway gap.

🏃‍♂️ Runaway (Continuation) Gaps – Fuel for the Trend

These occur in the middle of a strong trend, confirming momentum.

📈 In September 2022, Adani Enterprises showed a continuation gap mid-way through a rally driven by expansion announcements. The gap showed that buyers were willing to chase higher prices.

🛑 Exhaustion Gaps – A Final Burst Before Reversal

These gaps happen at the end of a strong trend, usually with extreme volume—then the trend reverses.

😰 Example: Yes Bank, just before its massive fall in 2019, showed an exhaustion gap on heavy volume—followed by a massive price crash.

😐 Common Gaps – Filler Moves in Sideways Markets

These appear in non-trending zones and often get “filled” quickly.

⚖️ ITC has often shown small gaps during sideways movement, which get filled within a few sessions. These don’t carry big trading value unless paired with volume analysis.

📈 Do Gaps Always Fill? Let’s Break the Myth

You’ve probably heard: “All gaps eventually get filled.” That’s only partly true.

According to a NSE 10-year backtest study: ✅ About 68% of common gaps are filled within 10 sessions ❌ Only 33% of breakaway gaps get filled at all

So context matters. Tools like Strike Money let you analyze the type of gap and volume behavior instantly, giving you an edge.

💡 Tip: Gap fills are more likely when the gap is on low volume or when it occurs in a range-bound stock.

💡 How Pro Traders Use Gaps to Set High Probability Trades

Successful traders use gaps as launchpads for fast trades or confirmation of larger trend setups.

🔍 Strategy 1: Breakout with Volume Wait for a breakaway gap with above-average volume. Enter on retest or candle confirmation. ✅ Works great on stocks like HDFC Bank and Infosys during earnings.

🔍 Strategy 2: Fade the Gap (Gap Fill Trade) When a common gap forms on low volume in a sideways stock like Coal India, short with a tight stop, target is the previous close.

🔍 Strategy 3: Runaway Gap Add-On During a strong uptrend (e.g., Reliance during the Jio rally), use continuation gaps to add to positions or trail stops tighter.

All of these are easily tracked using Strike Money’s multi-timeframe gap scanner, which alerts traders to intraday and daily gaps with filters for volume, price action, and structure.

📉 When Gaps Fail: Lessons from the Markets

Not all gaps lead to clean trades. Sometimes, they trap retail traders.

⚠️ Example: In July 2021, Paytm gapped up on pre-market buzz, but the volume was thin and price reversed intraday, forming a fakeout. Those who chased the gap got stopped out quickly.

🎯 Lesson: Always check volume and news catalyst behind a gap. Gaps without strong conviction often fail.

🧪 Indicators That Validate Gaps (And When to Trust Them)

Before jumping into a gap trade, check the confluence using:

💹 RSI – Look for overbought/oversold levels in case of exhaustion gaps 📉 MACD – Confirms breakaway gap momentum 📊 Volume Oscillator – High volume = conviction 📐 Fibonacci Levels – Combine with gap support/resistance 📈 VWAP – Great for intraday gap plays

Strike Money overlays all these indicators on live charts, helping traders visually confirm gap setups without switching tools.

🔥 Real Examples of Profitable Gap Trades in India

Let’s talk real trades that worked (and didn’t):

✅ Gap Up in TCS (April 2022): Strong earnings beat → Breakaway gap on heavy volume → Trend lasted for 3 weeks

✅ Intraday Gap Fill in Bajaj Finance (Oct 2023): Opened 3% up, low volume → Sold off to fill the gap → Smart fade trade for intraday players

❌ Fake Gap in SpiceJet (Aug 2022): Opened 5% down on news rumors → Reversed by noon → No confirmation, fake breakdown

The edge? Recognizing volume context, news strength, and technical structure—all visible in tools like Strike Money.

🧨 Common Mistakes Traders Make with Gaps

🚫 Chasing gaps blindly without confirmation 🚫 Ignoring volume and assuming "gap = trend" 🚫 Forgetting that not all gaps are tradeable 🚫 Trading illiquid stocks with wide bid-ask spreads 🚫 Not using stop-loss or proper risk management

Trading gaps isn’t about excitement—it’s about precision. Avoid emotional entries. Let price and volume tell the story.

❓ Gaps in Technical Analysis: Quick FAQs Answered

🤔 Do all gaps get filled? No. Only some do, mostly common gaps.

🤔 Can beginners trade gaps? Yes, but focus on liquid, high-volume stocks and use risk control.

🤔 Is gap trading profitable? It can be, if you understand the context and manage trades well.

🤔 Are gaps visible in intraday charts? Absolutely. Tools like Strike Money help track intraday gap formations.

🎯 Should You Include Gaps in Your Trading Playbook?

If you’re a technical trader, understanding gaps can open up new opportunities—from intraday plays to swing setups. But the key is context and confluence.

🚦Don’t trade every gap. Trade the right ones with volume, direction, and structure.

Strike Money helps you analyze gaps with precision—across timeframes, with indicators, and with real-time alerts. It's a weapon every serious trader should consider.

📢 Final Thoughts

Gaps in technical analysis are like footprints—left behind by powerful market players. If you learn to read them right, they can guide your next profitable trade.

🔍 Watch how they form 📈 Analyze with tools like Strike Money 🧠 Confirm with indicators 🎯 Trade with discipline

👉 Want to see gap setups in action? Start charting with Strike Money and spot your next trade before the herd.

[ailtrahq]

LINK showed multiple signs of the ongoing shift in favor of the long-term. LINK’s on-chain data suggested that the tide of accumulation was growing. Chainlink [LINK] has been quite active lately in terms of developments that are aimed at elevating the state of WEB3. Its position in the industry as an oracle provider is one that makes its native token LINK appear quite attractive. But what does the future hold for LINK? Is your portfolio green? Check out the LINK Profit Calculator LINK could be on the verge of starting its long-term bullish recovery. We must look at its long-term historic performance to fully understand why the Chainlink native token could be in the early stages of a long-term bull run. If we zoom out on LINK’s price action for the last two years an interesting pattern could be noticed. The altcoin has been in an overall downward trajectory from the peak of the 2021 bull run. This observation has subsequently resulted in the formation of a descending support line. However, LINK recently broke through the support line for the first time this year. $LINK The Macro Downtrend is over Chainlink is now going for a retest of the Macro Downtrend to fully confirm its breakout#LINK #Crypto #Chainlink pic.twitter.com/dsrXp49AS2 — Rekt Capital (@rektcapital) October 12, 2023 The above observation also occurred after an important observation regarding LINK came to light. LINK has been trading in a ranging performance since May 2022. This indicated that it may have hit its trend bottom. More importantly, it managed to achieve a new two-year low in May 2023. Where there is smoke, there is fire The above observation suggested that LINK has been stuck within the low range for a while and could finally pave the way for a long-term rally. However, the expected outcome requires various conditions for it to become a reality. The switch from short to long-term will require accumulation near the lower range so as to raise the price floor over longer durations. If we zoom out on LINK’s supply distribution, we find that accumulation has indeed been taking place. Addresses holding between 1,000 and 10 million LINK tokens have been accumulating. This was evident by the growing supply held by those addresses in the last six months. Source: Santiment So why are bulls still struggling to gain the upper hand? Well, it turns out that addresses holding between 10 million and 100 million LINK tokens have been selling in the last six months. Thus, subduing the bulls by absorbing the incoming demand. LINK enthusiasts should also note that its Mean Coin Age, at press time, stood at a six-month high after a steady upside. This signified that more LINK traders were choosing to HODL rather than sell for short-term profits. In other words, there is a growing focus on the long term. Source: Santiment It’s all for the long run The Market Value to Realized Value (MVRV) ratio highlighted zones where the level of profitability rises and falls. The recent sell pressure resulted in a dip in this metric. However, the metrics revealed that the level of profitability was still higher compared to its six-month low in June. How many are 1,10,100 LINKs worth today The MVRV ratio revealed that those who purchased and HODLed since June were still deep in profit. Another sign that the shifting dynamic was in favor of the long-term. Despite this observation, the market was still stuck in a scenario where short-term profit-taking prevailed and helped to maintain a short-term focus.

[cryptodailysun]

BTC Price Ranges Between $45.4K and $47.2K as Bitcoin Risks Decline to $42K – April 2, 2022 Since March 28, BTC/USD has failed to break the $48,000 resistance level as Bitcoin risks decline to $42K. Buyers pushed the cryptocurrency to the high of $48,192 but were repelled. The cryptocurrency has declined to $45,190 low and resumed a range-bound move between $45,400 and $48,000 price levels. Resistance Levels: $70,000, $75,000, $80,000 Support Levels: $50,000, $45,000, $40,000 BTC/USD – Daily Chart Buy Bitcoin Now Following the rejection at the $48,000 resistance level, BTC price is now in a range-bound move as price fluctuates between $45,400 and $48,000 price levels. Bitcoin corrected upward but was repelled at $47,200. The upward move has been terminated as the crypto fell above the breakout level of $45,400 price level. The largest cryptocurrency will be trading in a tight range between $45,400 and $47,200 price levels. BTC/USD is likely to trade marginally in a tight range. The upward move is doubtful because of the candlesticks with long wicks. The long candlestick’s wicks indicate that the $48,000 resistance zone is a strong selling point. On the upside, a break above $47,200 will catapult Bitcoin to retest the $48,000 resistance level. On the downside, a break below the $45,400 support will signal another round of selling pressure. Nineteen Million Bitcoin Is Mined and in Circulation as Two Million More Bitcoin To Go The number one cryptocurrency has reached the 19,000,000th Bitcoin level. The 19 millionth Bitcoin has been mined as of Friday and is in circulation. According to a report, 2 million Bitcoin are yet to be minted (or mined) until roughly the year 2140. In other words, Two million BTC are to be mined over the next 100 years. It has been a momentous occasion for the Bitcoin community to celebrate the milestone event where 19,000,000th bitcoin has been mined, leaving 2 million more bitcoin to go. The CEO of one of the world’s most ESGfriendly Bitcoin miners, Kjetil Hove Pettersen of Kryptovault, said: “We have only two million Bitcoin—less than 10% of the total—left to mine.” He continued: “This may seem like a small number at first glance, but I believe the best days of mining are still ahead of us.” According to Vlad Costea, founder of Bitcoin Takeover, “Over the past 13 years since the inception of Bitcoin, miners have uncovered 19 million Bitcoin; the last Bitcoin is expected to be mined in the year 2140”. BTC/USD – 4 Hour Chart Meanwhile, the BTC price has begun selling pressure as Bitcoin risks decline to $42K. Certainly, the BTC price will further decline to the $42,069 price level if the breakout  level is breached.On the other hand, the market will rally above $52,000 if the current resistance is breached. Looking to buy or trade Bitcoin (BTC) now? Invest at eToro! Buy Bitcoin Now 68% of retail investor accounts lose money when trading CFDs with this provider Read more:•                  How to buy cryptocurrency•                  How to buy Bitcoin Go to Source

[nrorvi-blog]

How to trade Forex?

Out of idle curiosity, they do not come to Forex, anyone who enters here pursues one single goal – to earn money. This wave is possible, Forex trading can bring a stable income. Each trader uses different trading strategies, methods and approaches for this purpose. So, having a common goal, traders go to it in different ways. Choosing your path is the most difficult task for a novice trader.

First steps on Forex How often do novice traders fail to understand how to trade Forex correctly? "Proper" trading involves a wide range of different aspects. The most important ones, for example, include:

1. the Desire to learn how to work on Forex

Very often, the eagerness to open positions ends when the novice "drains" his first Deposit. If his desire to become a trader is strong enough, after losing, he will find the means and strength to "get back in line". Of course, he must analyze his loss and take into account all the mistakes he made. 2. Psychological training of a traderThe psychological factor in trading is of particular importance. Patience, self-control, and the ability to control your own emotions and not succumb to the "herd" reflex inherent in the market "plankton" are factors that help a trader keep any situation under control. 3. The ability to learnA trader may be eager to understand the theory of market trading, but if he has problems understanding simple school subjects, it will be difficult for him. He can easily start trading Forex, but the result of his trading may be questionable.

4. The tendency to analysisRegardless of the results of trading, it is necessary to constantly analyze every working day, every transaction made. This is important for identifying patterns that help / hinder the trading process.

5. Make informed decisionsNo one will decide for the trader which lot he should enter the market, when it is possible to open/close a position. No one will tell him to use a particular trading technique, where and when to apply a particular trading approach. Undoubtedly, in the course of training on some courses such as "Forex for beginners", as recommendations, he will be given tips by a coach/teacher. But this stage will soon be completed and the newly minted trader will be one-on-one with the market. He will have to make all trading decisions independently.

6. The availability of seed capitalThe opinion that it makes sense to start on Forex only on a large Deposit is wrong. There are examples when a trader went up when starting to trade on a cent account, the trading rules are the same for any deposits. It does not matter what size the initial capital will be, it is important how the trader will dispose of it.Of course, a large Deposit will allow you to exit a large lot and withdraw a large profit. But in the case of drawdown, the loss will also not be small. According to the "risk / profit" ratio, both a small and a large Deposit are equal to each other and are exposed to the same risk. The difference between them is only the lot size.

7. Free timeWe have already mentioned that you can trade on the Forex market using different approaches and methods. In any case, each of them requires that the trader devote a certain part of his time to Forex. When manual scalping, for example, the trader must always be at the monitor. It is important for him to track the market situation and the slightest price fluctuations in order to open/close positions on time.Profit by scalping per trade on average is 2-5 points. Imagine how much time a trader needs to spend to collect their daily profit? Sometimes the number of transactions per day is measured in the hundreds. However, today you can trade using special trading robots-day and night "scalpers", but even their work must be periodically monitored.In addition to all the above, the trader needs to have a workplace and appropriate equipment – a computer or laptop, as well as access to the Internet with high data transfer speeds. A weak Internet connection can cause a loss of connection with the broker and cause a loss on a transaction that is not closed in time.Novice traders often do not understand the very principle of making a profit on Forex. It is important to understand the nature of its formation in order to obtain a stable income in the future.Where does the profit come from? The mechanism of speculation on the stock exchange is simple – "buy cheaper", and "sell more expensive" or Vice versa. Remember, Forex trading is about making a profit from the difference between "buy/sell" or "sell/buy" prices. This is a real currency speculation-a commodity that on the currency exchange some are ready to sell/buy, and the second are ready to buy/sell. Let's look at the simplest example of trading "on the rebound" from the support/resistance line:In the figure above, there is a Support level 1 and a Resistance level 1. Next, you can see how the price breaks through the Support level 1 and goes further down, and the Support level 1 becomes the Resistance level 2, because at the retest, the price cannot break it and bounces off it, going down. Further it is seen that a short pulse movements price still fails to break Resistance level 2, then she rushes up Resistance 2 again turns into a Support level 1.Here you can open a buy position, both on the price breakdown and on its rebound from the Resistance level 2. After the breakout, the price rushes to the Resistance level 1, so the closing of the purchase transaction occurs when the price reverses from this level. When you close a " buy " deal, you can immediately open a sell deal. Now, let's see how successful Forex trading was, and calculate the profit on the purchase:Opening price = 1.15695Closing price = 1.16025Difference (1.16025 – 1.15695) = 330 (points)This "difference" of 330 points is the trader's "profit" on this trade.Now we will convert these points to the currency ( $ ) and find out what profit in monetary terms the trader received:Let's say that he entered a lot equal to $0.1 and earned $1 on each point, then his profit was $330. A lot equal to $ 0.5 would bring him a profit – 330 points x $5 = $1650. If he entered a lot equal to $1, at each point he would take 10 times more, i.e., he would earn 330 points x $10 = $3330. It is clear that the amount of profit depends on the size of the lot – more lot, more profit and Vice versa, less lot – less profit. Remember that Forex trading is not only a way to make a profit, but also a risk of making a loss. A big mistake for a beginner will be to enter the market with a large lot with a small Deposit. If the price suddenly turns around and goes in the opposite direction when the position is open, the loss can be the same 330 points. Now, calculate for yourself what lot the trader had to enter the market and what volume his Deposit had to be in order to withstand a pullback of 330 points?Competent traders do not allow such situations, they close unsuccessful deals in time so as not to waste time and nerves waiting for a miracle. It is better to lose a little in order to be able to open several new successful deals and cover a small loss with the profit received on them. Beginners who do not know how to trade on the Forex market usually "hang" on such transactions and long languish in anticipation of when the market will turn around to face them. Some of them open opposite trades in a panic, simultaneously increasing the volume of the lot, and again observe the sad picture – the market has turned around again, but not so much that it was possible to close the first trade with a profit. Now there are two deals "hanging" in the market and both are in a good minus.Ignorance of the market, its functioning principles, trading rules, basic greed for their own money and panic-these are the main enemies of a novice trader. Remember, Forex for beginners can be harsh and even cruel, but its lessons are very effective and give a significant practical experience. It is not necessary to treat trading as the main way of earning money from the first days of trading. You will still have time to quit your old job, this will not happen before your income on the stock exchange becomes stable and regular. Where can I learn to trade on the Forex market? A beginner usually learns about Forex by accident and immediately strives to "go learn to be a trader". The wording is incorrect, because only regular practice will make a trader out of it. At courses or schools of training in Forex trading, they will learn to understand the specifics of the market and the principles of its functioning. There they will also learn about the basic rules of trading, learn how to analyze the market and use trading tools. All these are the basics of market trading, on the basis of which a novice player must develop their own trading tactics and strategy.It is not so difficult to start trading on Forex as to hold on to it and, if not to increase, at least not to "lose" your capital as much as possible. There are two ways for a person who wants to become a trader:

1. Take a special training course at the trading school.As many believe, this is the easiest and fastest way to become a trader. It should be noted at once that not every school and not every course of study is equally useful. Most often, this service is paid, and it is difficult to say how effective the training process will be, especially for a person who does not understand anything about the specifics of the issue.During the course, the teacher will do everything to make you feel like a "seasoned" trader. Very often, such courses are a bait to attract a novice to trade, forcing him to take a Bank loan to open a real account. Usually, the first Deposit is "drained" by a newly minted trader in a few days, and the obligations to the Bank remain... Be careful.Positive aspects:Choosing the form of training (paid/free, full-time/distance). Guaranteed acquisition of a certain knowledge base for a specified period of training.

The control of the acquired knowledge by the teacher is a stimulating factor for learning. Negative side:Financial expenses (if the paid form of training is selected). The influence of the teacher's subjective opinion as the primary source of the information received on the novice's worldview. If his opinion is not quite correct or erroneous, it will be difficult to get rid of it in the future. This is due to the fact that everything said by the teacher, the student is always inclined to perceive as the immutable truth. The effectiveness and quality of training depends on the competence of the teacher. A very nice offer from the teacher to open a real account with a fairly large Deposit in his company.

2. Learn Forex trading on your own.This method is considered complex, difficult, and time-consuming. But, remember the popular saying "Live forever-learn forever" or the aphorism "there Is no limit to perfection". That's right, Forex for beginners and experienced traders will always throw up riddles, which should be solved throughout the entire trading practice.There is a lot of printed and electronic material for self-learning today. In whatever form you choose the "source of knowledge", you will definitely acquire the necessary basic knowledge about how to trade Forex correctly. It is also important to understand that without a reliable and effective trading strategy, it will be difficult for you to succeed in trading.Positive side:Free learning method. Training at a convenient time. The ability to draw conclusions independently, based on information obtained from different sources. Negative side:Processing a very large amount of information that is difficult to understand at once. The process of understanding "what's what" will be faster if you start trading Forex using a demo account in parallel with the training. The absence of a person nearby who can prompt or" on the fingers " explain some nuance that hinders further progress in training. But even in this case, there is a way out – contact the Internet. On specialized forums today, you can find the answer to any question. It follows that both methods of learning are acceptable, and everyone has the right to choose the method that seems easier and more accessible to them. Against the background of many differences between them, they also have a common feature – neither in the first nor in the second case, no one will give you a good trading strategy. A real trader should develop it independently, taking into account the experience of other traders, using their own trial and error.Training is an important stage of learning the Forex market for beginners, without which they will not be able to become a trader. It is better to learn the basic concepts yourself. You should go to the courses if you need help in learning trading methods and strategies.For example, the vehicle "Sniper X" has already been tested in practice by a huge number of traders and has proven its effectiveness. This non-indicator trading system brings stable profits, no matter how well you know the Forex market. Forex Academy offers you a free basic training course on "Sniper X", so that you can start today and every next day, consistently get your profit.Where to start, what to strive for? Before you decide that it's time to start trading Forex for real, on a real account, you will have to go through several difficult stages. Let's write them down as a simple sequential algorithm. So, you will have to:Learn the basics of trading in order to correctly understand the events taking place in the Forex market. Practice for some time on the demo account, excluding the possibility of receiving a loss of real financial funds. Find a trading strategy that best suits your character, temperament, and trading method. Determining the risk level for your Deposit and for each transaction, studying the rules and principles of money management. The study of methods of analysis of the market. Familiarity with technical tools (indicators, oscillators, Gann lines, Fibonacci lines, etc.). Improve yourself and work on improving your trading strategy. For beginners, the question of finding a reliable and profitable trading strategy is particularly acute. That's right, because there is no universal recipe for where to get it. To shed some light on this topic, let's look at the existing types of trading systems:Indicator vehicles Even in the simplest version, they can bring a good profit. They are a combination of several indicators and have clear trading rules. They contain specific instructions on when and under what circumstances you can open/close trading positions. For beginners, Forex trading usually begins with the use of such vehicles. Sometimes, due to changes in the market, such systems need to be upgraded. This circumstance can be considered their only drawback.Graphical method Today, this method of trading is considered the most reliable and profitable, so you can start trading on Forex using it even on a demo account. Initially, the difficulty is only the lack of skill to see certain graphic designs on the chart, but this comes with experience.Unlike indicator systems, the graphical method does not require upgrading, since it is based on trading "by levels". The principle of building "resistance/support" levels is always the same, regardless of what is happening in the market.In addition to levels, this method considers various patterns and graphical shapes on the chart. Their formation tells the trader about the continuation of the trend or the beginning of its reversal trend. The difficulty here is that the trader can not always correctly recognize them.Trade " on the news» News trading refers to high-risk methods and can be used as a backup vehicle. In the Forex market, trading on news is not safe for novice players. News – as the only reliable source can not be considered. Before making a decision "on the news", check their reliability, study their impact on the market with the help of other vehicles.Candlestick patterns It so happened that the method of trading on candle patterns – certain combinations of Japanese candles, is not very popular among traders, despite its high efficiency. Although Forex trading on the TS "Price Action" patterns has become widespread, it does not have many adherents. Working with Price Action patterns involves using them simultaneously with other graphical analysis tools. These include trend lines and horizontal levels more often. This method requires the trader to have certain skills in recognizing patterns on the chart. This skill comes with experience as a result of daily practice.As you can see, it is quite easy to start trading on Forex, it is more difficult to trade for profit, rather than at a loss. This requires willpower, patience, a desire to learn, and the ability to take every trade seriously, and to make important trading decisions in a balanced and reasonable manner.If you do not want to risk a large Deposit, start trading on a cent account, so as not to stay long on virtual trading. Try to "grow" your capital and don't be afraid to use new vehicles that were previously "tested" on the demo account or in the strategy tester.Don't forget that the demo account is very useful as a training simulator. However, with it, you will never experience the same emotions and responsibility as in trading on a real account, even if it is a cent. As practice shows, Forex for beginners is a kind of "Pandora's box", which is fraught with a mystery. How dangerous it will be for the trader depends only on him and on his efforts in training. There is an opinion that Forex trading requires some specific mathematical and economic knowledge. This is an incorrect judgment, because in the history of trading there have been and are today very successful traders with a liberal arts education. In a number of successful "gurus", there are traders without any higher education at all. If you are an expert in Economics or higher mathematics – this is your bonus and only. You will find a use for it, so you will strengthen your position on Forex and increase the percentage of profitability on your transactions.A serious problem for traders is the repetition of the same type of mistakes. After completing the training and making the decision to start trading on Forex, the trader does not cope with his psychological state. When opening a deal in one direction, he can hardly survive price fluctuations, begins to panic and makes serious mistakes. Analyzing the history of his trading, he understands the reason for these mistakes, but he repeats them again and again, unable to cope with his own emotions.Summarize The mechanism of trading on the Forex market can not be called complex, its entire algorithm is reduced to pressing one of two buttons in the terminal – "Buy"/"Sell" ("Buy"/"Sell"). The difficulty arises at the stage of analyzing the chart and price fluctuations to make a decision about opening a trading position. As a rule, to analyze the market situation, a trader uses the same methods and tools to search for entry points/exit from the market-others. The trader's path to success is thorny and difficult, but if it is passed, success will be provided for him.

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[bitsevenenglish-blog]

Where Bitcoin Price Is Going After Key $5,000 Level Is Broken/ bitseven,bitcoin exchange,CoinMarketCap,poloniex,bitfinex,bitmex,bittrex,bithumb,bitcoin price,etf bitcoin

The bot-fuelled Bitcoin bump of April 2 saw the world’s largest cryptocurrency post the biggest intraday rise since 2014. The price held steady for a couple of days around $5,200, but it couldn’t last. So what’s next? Memories are short in the Bitcoin price game. The anxiety-wracked lows of $3,300 and under are largely forgotten. But it wasn’t so very long ago. Late 2018 to early 2019 was a torrid time for traders and producers alike. Long periods of low volatility had sucked all the oxygen out of trading. Volumes were stuck. November 2018 saw Bitcoin hit a 13-month low to breach $4,300, and as the price tanked, so did mining profits. Some of the world’s largest mining pools simply shut their doors and turned off the lights. It was only a couple of weeks into 2019 when mining giant Bitmain sacked half its workforce. Days later, JP Morgan analysts told Reuters they were predicting a possible low as little as $1,260 a coin, levels not seen since March and April 2017. When the bull market returned with a vengence the day after April Fool’s, those traders and analysts who always claimed to be long Bitcoin had much to gloat about. With great price comes great responsibility It was widely assumed that only a refocus on long term project viability, mainstream adoption and actual use cases could turn trader sentiment around. In reality all it took was a big damn whale to splash $104.2 million on BTC. In the space of two hours, the Bitcoin slump of late 2018-early 2019 was solved, or so it seemed. Still, because the price hike of 2 April came off the back of a co-ordinated buy, rather than any fundamental adoption shift or regulatory decision, confidence is thinner than it might otherwise be. At 2.40am on 12 April, the San Francisco-based Coinbase exchange saw the spot price of BTC dip below $5,000, a key psychological level. In the past 12 hours we’ve seen it rise back into towards the early $5,000s, and now everyone wants to know what’s next. Is crypto winter coming back? I spoke to a seasoned Bitcoin trader, Jonny Moe, who tweets @JonnyMoeTrades out of New York City. He told me he was bearish for at least the next one to two weeks. "On a short term basis, which I consider days, I see us heading higher than the current local high. "All of the mid-term StochasticRSI oscillators (the 4h, 6h, 8h, and 12h) had topped on the impulse up to the $5,000s from $4,100, and they re-bottomed on April 9 US hours. That tells me that the consolidation of this move is nearing an end, and could have an upward bias. "The longer term timeframes - the 1 day, 3 day, and weekly, are all showing a StochasticRSI that is entirely topped out. To highlight how rare that is, the last time the weekly StochasticRSI topped out was June 2017. "Not only is it topped, this week's close will mark the fourth straight week it’s been there. That tells me that on a more mid to long term basis, we are very likely to retrace to some significant degree and let this momentum reset." Moe said that stalling momentum could indicate a fall back towards $4,000. "We did try to move higher and were rejected pretty soundly, so now I'm looking at how low we go over the next one to two weeks. "I still believe a retest back to the breakout point is very much on the table, somewhere in the lower 4,000s, maybe $4,200 "Interestingly, one of the things I watch is how orders start forming on the books. I typically keep an eye on Bitmex and Bitfinex as the largest derivative and spot platforms by volume, respectively. "Particularly on Bitmex, but also on Bitfinex to a degree, we're seeing a large number of bids forming in the 4,800s, mostly $4,800-$4,850. "So that can always change as price gets closer to it, we're still a bit away from it up above $5,000 again, but I see that as a really interesting near term support level." The problem the crypto market has more generally is that many altcoins are high beta and incredibly highly correlated with the Bitcoin price. When the big dog barks, the others slavishly follow suit. No news is not good news Not everyone is convinced that Bitcoin can maintain upward trajectory. Especially those working on blockchain infrastructure projects. Concordium chairman Lars Seier Christensen, for one, is convinced that the rally is poised to peter out. "The only firm bottom for bitcoin is zero dollars,” the public blockchain specialist said. "While there is certainly a possibility that we could go higher in the short term on misguided speculation, I find it more likely that we will see new lows later in the year. "The market is likely to run out of steam soon and sell off again.” As soon as the upward swing went into effect, Bitcoin evangelists started publishing wildly optimistic predictions of six-digit Bitcoin prices. In reality, the likes of CNBC’s Brian Kelly have been parroting this line since 2017. "[These predictions] are ridiculous in my view,” Christensen told Forbes Crypto. "Bitcoin is absolutely not gold 2.0 or any of that nonsense. "I simply do not believe in a sustained rally for the early generations of coins, including Bitcoin, due to performance and scalability problems and, in particular, lack of compliance. "It is purely a speculative play and has little real-world application, hence reality will catch up with it at some point." We need only look at how momentum-based algorithmic trading has affected the equities markets for the past quarter century, said Kailin O’Donnell, director of NEM Ventures. She runs the investments arm of a long-serving blockchain that has had its own challenges. "Price movements tend to be amplified in less liquid markets," she said. "With the rise in volatility and a sharp increase in retail buyers re-entering the market, it's unlikely BTC will remain steady for too long." The only thing that's certain is that traders have a bumpy ride ahead.

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bitcoin to usd,CoinDesk,Coinbase,Ethereum,Ripple,Bitcoin Cash,EOS,Stellar Lumens,Litecoin,Cardano,IOTA,Tether, TRON,Monero,NEO,Dash,alpari,Bitcoin Gold,btc usd,eth usd,bitcoin mining,bitcoin price today

[bitcofun]

Cryptocurrency costs stayed on edge today as the collapse of FTX continued. Throughout the week, Genesis, a leading crypto exchange, suspended its withdrawals quickly. A crypto loan provider associated with Digital Currency Group (DCG) suspended many of its company. Bitcoin stayed at $16,000 Here are the leading coins to trade throughout the weekend: SSV, SafePal, and Chiliz. SSV cost forecast SSV Network is an approaching blockchain task that supplies dispersed validator facilities services for designers. It is developed for constructing high-performance, safe and secure, and decentralized ETH staking applications. A few of the items utilizing its network are Infinite Lux, Swell Network, Ankr, and Stader to name a few. SSV rate has actually made a modest healing in the previous couple of days. This healing took place after the network partnered and supplied a grant to Moonstake. Most significantly, it partnered with Lido, the greatest liquid staking platform on the planet. Lido will utilize its dispersed validator innovation to scale its operations. The day-to-day chart reveals that SSV rate has actually made a strong healing in the previous couple of days. In this duration, it has actually handled to move from listed below the 78.6% retracement to 61.8% retracement point. It is likewise combining at the 25- day and 50- day moving averages. Therefore, it is clear that SSV Network is not out of the woods. A bull run will be verified just when it moves above the 2 MAs and the 50% Fibonacci Retracement level. A pullback can not be ruled out throughout the weekend. SSV chart by TradingView How to purchase SSV Safepal cost forecast Safepal is a crypto wallet that assists safeguard their cryptocurrencies. It has a hardware crypto wallet and mobile applications that are utilized by countless users. The Safepal rate has actually succeeded in the previous couple of weeks as it rallied by more than170% from its most affordable level this month. This healing took place as individuals moved their coins to protect wallets. On the everyday chart, we see that the SFP rate made a strong bullish breakout today. As it increased, it handled to move above the essential resistance level at$ 0.5985, which was the greatest level given that August of this year. SafePal rate likewise moved above all moving averages while the Relative Strength Index( RSI) relocated to the overbought level. The coin will likely pull back as financiers begin taking revenues. If this takes place, it will likely retest the assistance at$ 0. 60. SFPUSD chart by TradingView How to purchase Safepal Binance Binance is among the biggest cryptocurrency exchanges on the planet. It is much better matched to more skilled financiers and it uses a great deal of cryptocurrencies to select from, at over600 Binance is likewise understood for having low trading costs and a multiple of trading alternatives that its users can take advantage of, such as; peer-to-peer trading, margin trading and area trading.Buy SFP with Binance today Swapzone Swapzone is a crypto exchange aggregator that runs as an entrance in between the cryptocurrency neighborhood and exchange services. Swapzone intends to supply a practical user interface, safe user circulation, and crystal-clear information for users to discover the very best currency exchange rate amongst the entire cryptocurrency market.Buy SFP with Swapzone today Chiliz( CHZ) Chiliz cost has actually succeeded in the previous couple of days as the World Cupnears. In this duration, it has actually rallied from a low of$ 0.1445, which was the most affordable level this month. It skyrocketed to the present$ 0.240 The coin has actually moved above the25- day and50- day moving averages while the Relative Strength Index( RSI) has actually moved above the neutral point. The coin will likely continue skyrocketing as the interest of the upcoming World Cup occasion nears. This healing might see it increase to the essential resistance at$ 0.3066.

CHZUSD chart by TradingView How to purchase Chiliz eToro eToro uses a large range of cryptos, such as Bitcoin, XRP and others, along with crypto/fiat and crypto/crypto sets. eToro users can get in touch with, gain from, and copy or get copied by other users. Buy CHZ with eToro todayBitstamp Bitstamp is a leading cryptocurrency exchange which provides trading in fiat currencies or popular cryptocurrencies. Bitstamp is a totally controlled business which uses users an user-friendly user interface, a high degree of security for your digital possessions, outstanding client assistance and several withdrawal approaches.Buy CHZ with Bitstamp today Share this post Categories Read More

[signode-blog]

Trading Strategies for the Broadening Top Pattern

Understanding the Broadening Top Pattern The Broadening Top Pattern, also referred to as the megaphone pattern, is a classic chart formation that signifies increasing volatility and indecision in the market. This pattern is characterized by a series of higher highs and lower lows, creating a structure that resembles an expanding triangle or a megaphone. Traders often observe this formation…

[coinwealth]

Bitcoin, Shiba Inu, Vechain price outlook

Bitcoin looks likely to extend gains above $50,000, while SHIB and VET might target moves above key price barriers

A bullish scenario has the price of Bitcoin (BTC) eyeing another attack at $50k, while an uptick in sentiment across the crypto market could see coins like Shiba Inu (SHIB) and Vechain (VET) breach key resistance levels in the next few days.

Bitcoin price

The positive technical picture for BTC price has the support of the weekly RSI, which is trending towards overbought conditions. The weekly MACD is also flashing a bullish crossover, while the Parabolic SAR is below the price to highlight a potential uptrend is on.

BTC/USD weekly chart. Source: TradingView

According to pseudonymous technical analyst Rekt Capital, Bitcoin bulls need a decent run to $51,000 if they are to marshal a new bull run. In this case, upside targets would be around $53,000 and then $59,000.

On the downside, immediate support is around the $46,500 zone, with an extended pullback likely to edge BTC price towards $43,250.

Check out our how to buy Bitcoin page here : https://ift.tt/3GUgpPQ

Shiba Inu price

The SHIB/USD pair has declined 14% over the past two weeks, dropping from highs of $0.0000092 on 17 August.

The Shiba Inu coin price has therefore traded in a descending channel since, with bulls seeing multiple breakout attempts thwarted at the channel’s resistance line.

SHIB/USD 4-hour chart. Source: TradingView

The RSI below 50 and a weakening MACD suggest the downward path is more likely. Bears have retested the support line near $0.0000069 and could decline to $0.0000067.

However, bulls can breach the channel’s resistance if the price holds above $0.0000070. In such a scenario, SHIB/USD might rise to $0.0000072 and then $0.000075.

Vechain price

VET/USD is facing some downside pressure near $0.142 at time of writing, but bulls remain in control with the price 3.5% and 20% up in the past 24 hours and week respectively.

VET/USD daily chart. Source: TradingView

As seen on the chart, upward continuation is likely given the bullish flag pattern. The daily RSI is above 60 while the MACD suggests a bullish crossover to also support the bullish view.

Vechain price needs to successfully break the horizontal resistance near $0.147 (formed since early June) for bulls to target the $0.162 supply zone.

On the downside, bulls must hold above $0.137 to prevent further sell-side pressure towards $0.128 or lower.

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source https://usapangbitcoin.org/bitcoin-shiba-inu-vechain-price-outlook/

source https://usapangbitcoin.wordpress.com/2022/01/23/bitcoin-shiba-inu-vechain-price-outlook/

[belleofxofficial]

How to listen what the price is telling you? * First let's start with this pair preparation. The price started breaking the structure to the downside after creating that double top. There at the top, the price failed to break above for another HH after creating the HL. With that, the price continued to the downside and broke the HL structure zone. Gave really nice retest there, nice confirmations and continuation to the downside. Within that continuation, the price broke the previous major HH structure area. Of course, that structure zone was retested as well. Few candles before now, the price broke the previous major HL structure zone as well. Now, we have the breakout phase and currently with the market opening. Follow us for daily tips and setups 📚 💎follow https://lnkd.in/dKiUyiU 🙌 For More Ideas! 💎 💎follow https://lnkd.in/dZubWFG 🙌 For More Ideas! 💎 💎follow https://lnkd.in/d38qkNK2 🙌 For More Ideas! 💎 💎follow https://lnkd.in/d5wfSkM 🙌 For More Ideas 💎 Sign Up with @belleofxofficial  | www.belleofx.com Tag 👤| Comment 🖋️| Share📱 Follow Belleofx Ltd | Trade a like Bull! 😃 #belleofx #belleofxmarkets #belleofxmarketing #belleofxit #youtubepost #youtubevideo #latestvideo #trend #regulatedbroker #no1trader #bestforexbroker #genuineforexbroker #FXBroker #forex #forexlife #trading #forextrading #daytrader #forexstrategy #invest #stocks #motivation #forexmentor #chart #london #singapore #malaysia #cyprus #trader #latestblog #forexsignals #belleofxmarket #belleofxreview

[market-news-24]

In a surprising turn of events, PayPal's recent announcement has sparked a massive rally in the value of Shiba Inu (SHIB) cryptocurrency. The popular online payment platform's decision to offer support for SHIB trading has caused a surge in its value, with each token now worth $0.000030. This news has sent shockwaves through the crypto Market, as investors scramble to capitalize on this sudden opportunity. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Shiba Inu’s price has seen a significant 25% surge following the announcement of an operational partnership with Paypal Inc. This collaboration with MoonPay aims to make it easier for US customers to buy SHIB tokens, leading to positive reactions from investors. The latest data indicates that SHIB’s price has increased by 25% since the confirmation of the PayPal partnership on May 2, 2024. This surge suggests a growing demand for SHIB, with holders anticipating further uptrends. Moreover, the supply of SHIB on exchanges has decreased from 75.36 trillion tokens on May 2 to 75.04 trillion tokens on May 7. This shift of 32 billion SHIB into long-term storage highlights the bullish sentiment among current holders, potentially driven by the expectations of future price gains. As for the price forecast, SHIB is currently trading at $0.000024. With the decline in exchange supply during the price surge, there are fewer holders looking to sell in the short term. This sets SHIB up for a potential breakout above the $0.000030 level in the next demand surge. However, SHIB bulls may face resistance at the $0.000027 level based on the upper Bollinger band indicator. If this obstacle is surpassed, SHIB could retest the $0.000030 milestone for the first time in over 60 days, signaling a positive outlook for the coin in the near future. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. Why did PayPal spark a $0.000030 SHIB rally? PayPal's announcement of accepting SHIB as a form of payment likely caused an increase in demand for the token, leading to a rally in its price. 2. Will the rally continue for SHIB? It's difficult to predict the future of the Market, so we can't say for sure if the rally will continue. Keep an eye on the news and Market trends for updates. 3. How can I buy SHIB on PayPal? To buy SHIB on PayPal, you'll need to fund your account and search for SHIB in the cryptocurrency section. Select the amount you want to buy and complete the transaction. 4. Is SHIB a good investment? Investing in cryptocurrencies like SHIB carries inherent risks, so it's important to do thorough research and consider talking to a financial advisor before making any investment decisions. 5. Can I use SHIB to make purchases on PayPal? Yes, if PayPal accepts SHIB as a form of payment, you can use it to make purchases on the platform. Just make sure to check for any fees or restrictions before using SHIB for transactions. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators

Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000);

[stockmarketanalysis]

🔍 The Inverse Head and Shoulders Pattern — A Trader’s Secret to Spotting Bullish Reversals

If you've been scanning the markets, looking for signs that a downtrend might be coming to an end, you’ve likely stumbled upon a powerful chart formation — the Inverse Head and Shoulders Pattern. This isn’t just some pattern that technical analysts dreamt up in a vacuum. It’s backed by decades of price action analysis and psychology — and has real impact in today’s markets.

Whether you're trading Nifty 50, Tata Motors, or even Bitcoin, this guide will help you understand, identify, and execute this pattern like a pro using tools like Strike Money, TradingView, and insights from top resources like Investopedia, BabyPips, and John J. Murphy's classics.

🧠 What’s the Inverse Head and Shoulders Pattern All About?

The Inverse Head and Shoulders Pattern is a bullish reversal pattern that typically forms after a downtrend. It signals a potential shift in momentum from sellers to buyers.

👈 The structure is simple yet telling:

👤 Left Shoulder – A drop followed by a short rally 🧠 Head – A deeper drop forming the lowest point 👉 Right Shoulder – A smaller drop, unable to reach the head’s depth 📈 Neckline – A resistance line connecting the two swing highs

Once the price breaks above the neckline, it usually triggers a fresh uptrend. This breakout often occurs on rising volume, confirming buying interest.

🧬 Anatomy of the Pattern: Spotting It on Real Charts

Let’s decode the pattern with a real chart from the Indian stock market. Look at Reliance Industries (NSE: RELIANCE) between March and July 2023. During a sharp correction, the price formed:

👤 A left shoulder around ₹2,200 🧠 A head touching ₹2,050 👉 A right shoulder holding near ₹2,150 📈 A neckline across ₹2,270

Once the price broke ₹2,270 with volume, it surged past ₹2,400 in just a few sessions.

You can analyze this setup using Strike Money, which offers powerful charting with volume overlays and pattern drawing tools.

🧠 The Psychology Behind the Pattern — Why It Works

Understanding the market psychology behind the Inverse Head and Shoulders is where you gain an edge.

😓 Left Shoulder: Sellers are still in control, and buyers try but fail to reverse. 😱 Head: Panic kicks in. Bears dominate, but the decline begins to slow. 😌 Right Shoulder: Buyers step in early. Sellers lose confidence. 🚀 Breakout: Resistance breaks. Bulls rush in. Short sellers exit.

📊 Research by Thomas Bulkowski, in his chart pattern studies, shows that Inverse Head and Shoulders has a success rate of over 80% when combined with proper volume confirmation and breakout strategy.

🎯 How to Trade the Inverse Head and Shoulders Like a Pro

So you’ve spotted the pattern. What now?

🚀 Entry: After the price breaks above the neckline with good volume 🔒 Stop Loss: Just below the right shoulder 🎯 Target: Measure the distance from the head to the neckline and project it upward from the breakout point

Example: If Tata Consultancy Services (NSE: TCS) had a head at ₹3,100 and neckline at ₹3,300, the target post-breakout would be ₹3,500.

❌ Don’t enter before the breakout. Many patterns fail prematurely, and entering too early means catching a falling knife.

📈 Real-World Examples from Indian Stock Market

🎯 Infosys (NSE: INFY) – In late 2022, the stock formed a clear inverse H&S near ₹1,200. Once the neckline at ₹1,290 broke, INFY hit ₹1,420 in weeks.

🎯 ICICI Bank (NSE: ICICIBANK) – In early 2023, after forming a strong base at ₹800, a classic inverse H&S broke out at ₹860 and rallied beyond ₹950.

🎯 Nifty Bank Index – Post COVID-19 crash, this index built a long inverse H&S over months before breaking out in November 2020, initiating a new bull cycle.

These setups weren’t just random shapes. Each followed increased volume, momentum shift, and breakout retests — the hallmarks of high-probability trades.

🚨 How to Avoid Getting Trapped in a Fake Inverse H&S

Yes, not all patterns work. Failed inverse head and shoulders are real — and painful.

❌ A common trap? The false breakout. Price breaks the neckline... but without volume.

📉 Often, this happens in low liquidity stocks, or when the market is near macro events like RBI policy or U.S. Fed announcements.

🧠 Tip: Combine your analysis with indicators like RSI or MACD. If RSI is below 50 during a breakout — stay cautious. If MACD hasn’t crossed bullish — don’t jump in.

Strike Money’s volume tracker and momentum overlays help you verify these patterns with data, not gut feeling.

💡 Smarter Pattern Trading — Combine with Technical Indicators

The real magic happens when the inverse H&S works with other signals.

📊 RSI: If RSI moves from oversold (below 30) to neutral (50+) during the right shoulder, it supports a strong move.

📉 MACD: A bullish crossover during the neckline breakout is a golden combo.

📐 Fibonacci Levels: If the neckline aligns with a Fibonacci retracement (say 61.8%), it adds further confluence.

📊 Trendlines: If the breakout also breaks a falling trendline, the probability of success increases.

In Strike Money, you can layer these tools easily. Drag-and-drop indicators, highlight zones of confluence, and export your setup to backtest — all in one workspace.

🛠️ Tools to Help You Identify This Pattern Instantly

Today’s trader doesn’t just stare at charts all day. Use smart tools:

🧠 Strike Money – Indian trader-focused, built-in scanner for reversal patterns 📊 TradingView – Global charts with community ideas and scripts

💡 Strike Money's chart pattern recognition engine now includes "Inverse Head and Shoulders" as a filter — saving you hours of manual spotting.

❓ FAQs — All You Need to Know Before You Trade This Pattern

🔸 Does the pattern work in crypto too? Yes. Especially in high-volume coins like Bitcoin (BTC) and Ethereum (ETH). But beware of weekend volatility.

🔸 Which timeframe works best? It depends on your trading style. For swing trades, use daily or 4-hour charts. For intraday, 15m-1hr can work, but needs fast decision-making.

🔸 Is volume necessary? Absolutely. A breakout without volume is often a fakeout.

🔸 How do I confirm it’s real? Wait for a close above the neckline on decent volume and ideally a retest before entering.

🔸 Can this pattern fail? Yes. Especially in sideways or low-volume markets. Always use a stop-loss.

🎤 Final Word: Is the Inverse Head and Shoulders Pattern Enough?

This pattern is powerful — but it’s not foolproof. Many traders fail not because the pattern is weak, but because they lack:

⚖️ Risk management 🧠 Patience 📚 Confirmation strategy

Use this pattern as a tool, not a gospel. Combine it with trendlines, indicators, macro context, and — most importantly — a disciplined trading plan.

Strike Money gives you the edge by providing real-time pattern scans, reliable backtesting, and India-focused data. Whether you’re day trading or investing, this pattern — when mastered — can be a game-changer in your arsenal.

✋ Ready to spot your next breakout?

Fire up your charts, set your alerts, and let the Inverse Head and Shoulders lead you to your next winning trade.