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Showing posts with the label #Sell Limit

Rising Three Methods

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  Rising Three Methods Bullish Rising Three Methods is a trend continuation pattern that alerts traders to a weakening in the current trend. The long white candle of the first day is followed by three shorter descending candles. The smaller candles reflect trend resistance, which may include a trend reversal. These 3 candlesticks are usually black and part of their body remains within the price action range of the first day. The formation ends on the fifth day with another white candle. The opening price of this candle is higher than the closing price of the first day. The uptrend should continue. The three-way pattern is a trend continuation pattern that can occur in an uptrend or downtrend. In an uptrend it is called a three-way ascending pattern and in a downtrend it is called a three-way descending pattern. The three-way pattern consists of at least five candlesticks, but can contain more. It is similar to flag or pennant formations and also represents a period of congestion or...

Bearish Counter-Attack Candlestick Pattern

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What are bearish  counterattack lines? The Counterattack Lines Pattern is a two-candle reversal pattern that appears on candlestick charts. This can happen during an uptrend or downtrend. In a bullish reversal during a downtrend, the first candle is a long black candle (low) and the second candle pulls away but then closes higher near the close of the first candle. This shows that sellers were in control, but could lose control as buyers could fill the void. In a bear reversal during an uptrend, the first candle is a long white (rising) candle and the second candle goes up but then closes lower near the close of the first candle. Counterattack candlestick pattern: an example Understanding the model and what it means becomes much easier when you see it in action. So let's take a look. This is what the bullish counterattack pattern looks like. Take a moment to look at this figure. The bearish candlestick is black while the bullish candlestick is white. Here you can see that prices ar...

Bearish Counter-Attack Candlestick Pattern

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  Bearish Counter-Attack Candlestick Pattern The bearish counterattack candlestick pattern is a bearish reversal candlestick pattern. A bearish counterattack candlestick pattern can lead to a quick price reversal to the downside. An uptrend has been underway for some time, and bullish investors are comfortable with the momentum in the stock price. A bearish counterattack candlestick pattern starts with too much of the same, maybe even too much of an anniversary, as price opens with a gap from the close of the previous candlestick pattern. Bullish investors feel good about the gap this morning. But somewhere in the middle of the trading period, things change. Investors sell shares, and at the end of the trading period, the closing price of the candle is equal to or even slightly lower than the closing price of the previous candle. Hence the naming convention "counterattack".     How to Use the Counterattack Candlestick Pattern?   Recognizing the pattern is one thing. ...

Average Real Range

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  Average Real Range The actual average range indicates the volatility of a currency pair. In the foreign exchange market, the volatility measure is very important because it is related to direct market movements. In any financial market, increasing volatility indicates a market reversal and decreasing volatility indicates the continuation of the market. The spread of a stock is the difference between its high and its low on a given day. Provides information on the volatility of a stock. Large ranges indicate high volatility and small ranges indicate low volatility. The range of options and commodities (high minus low) is measured in the same way as for stocks.       How Does this Indicator Work? A rising ATR indicates greater volatility in the market, with the range of each bar increasing. A reversal with a rise in ATR would indicate the force behind that move. ATR is not directional, so expanding ATR may indicate buying or selling pressure. High ATR levels are usua...

The safest way to store bitcoins.

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The Safest Way to Store Bitcoins. It's a compelling buzzword, but being your own bank also means it's the investor's responsibility to keep their coins safe. If someone accesses your wallet and steals your cryptocurrencies, they are gone forever. Transactions cannot be reversed and accounts cannot be frozen. This is why safety is so important. Types of  Wallets You can store Bitcoin in up to four different types of wallets: mobile, desktop, web, and hardware. The 4 types of wallets can be connected to the internet, "hot" or not to the internet, "cold." However, no matter what type of wallet you use, you will need a set of private keys to access your currency. If these keys are lost or stolen, you will not be able to access your bitcoins, whether you store them physically or digitally. From the loss of physical objects to the malfunction and hacking of digital devices, the security of your bitcoin requires careful measures. Warm Wallet Online wallets are ...