POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

Discussion in 'Technical Analysis' started by easymon1, Apr 9, 2020.

  1. easymon1

    easymon1

    delete.png
     
    #391     Feb 17, 2023
  2. easymon1

    easymon1

    indecision.png
     
    #392     Feb 17, 2023
  3. mikeriley

    mikeriley

    3 Bar technique.

    To determine directional bias.
    Weekly chart illustrated below of 3 weeks.
    High, Low, and 50% balance level
    If price is above balance level - bias is UP
    If price is below balance level - bias is DOWN

    I use this on the 30 minute chart, but looks effective
    on the daily and weekly time frames also.

    WEEKLY CHART.png
     
    #393     Feb 23, 2023
    semperfrosty likes this.
  4. easymon1

    easymon1

  5. mikeriley

    mikeriley

    Identifying Triangle patterns that
    form from price-time action.

    PTV.png
     
    #395     Mar 3, 2023
    easymon1 likes this.
  6. mikeriley

    mikeriley

    Every time Fed Chairman Powell speaks he moves the market.

    Screenshot_33.png
     
    #396     Mar 7, 2023
  7. easymon1

    easymon1

    Discuss those blue lines a little bit...
     
    #397     Mar 7, 2023
  8. mikeriley

    mikeriley

    Blue lines are based on Patterns. Just Google Harmonic Patterns
    for many websites that showcase them.

    I was taught a mirror technique to clone a line, and use it as possible
    direction and price target. Technically it's a technique to clone
    a portion of a cyclic time-action.

    Line on top is the line cloned and 2nd line is
    placed at the low. Noticed the cloned line
    follows the same ANGLE.

    I use this every day on the 30 min chart.
    On the Daily chart it gives me possible direction.

    For more details, just read J.R. Stevenson's book.

    Screenshot_35.png
     
    #398     Mar 7, 2023
    easymon1 likes this.
  9. easymon1

    easymon1

  10. easymon1

    easymon1

    delete.png
     
    #400     Mar 9, 2023
    semperfrosty likes this.