a trend is up, down or sideways. Or what if the marketing is going down then what does that tell you about the demand and supply then? (That is if you put moving average lines on your charts). Candlestick patterns on the other hand can involve only one single candlestick or a group of candlestick which have formed one-after-the other in regard to how they form in relation to one another in terms of their body length, opening and closing prices, wicks(or shadows).
Theres a lot of practical trading tips and examples about how to trade with price action in this course and at the end of it, you will really have a solid understanding and hopefully become a better price action trader. I wanted to say Thank you! I just got funded 100,000 by an investor. I will be trading with those funds. Price Action course opened a whole new world.
If the upper wick is very long, it simple tells you that theres a lot of selling pressure. Price action basics - the basics of price action trading, including price action setups, price behaviour, price action patterns and support and resistance. No information has been held back, all my knowledge about trading has been included. What Is A Line Chart? When price comes to touch it later, you have a potential buy setup. The bar char chart is simply looks like a stick or bar with 2 short knobs on both sides. These are interpreted the same way as standard candlesticks but are an even stronger indication of bullish or negative market sentiment. The answer is yes. Similarly, a bullish spinning stop in a resistance level or in an uptrend can be considered a bearish signal as soon as the low is broken is my bitcoin transaction confirmed to the downside. Does the course have an expiry date? How are candle wicks (tails/shadows) formed and what do they mean?
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