Update to market cycle analysis with known patterns for educational purposes from the bearish perspective. It has to be noted that, what comes from this hour on forwards, could be well depended also from the macro forces on the market ( BTC 1.39% movment, and roadmap).
Start from the Pink text box and work your way down.
I have charted down
- few parts of market cycle with red bubble
- Major and minor bearish downtrend lines
- and multiple Patterns ( Broadening wedge , bearish pennant ,etc)
For reference about red text bubbles use this link. onemint.com/2010/06/30/wall-street-cheat-sheet-psychology-of-a-market-cycle/
Let me know what you think about my interpretations....all ideas and comments are welcome..remember Kaizen (continous education will make us great)
Start from the Pink text box and work your way down.
I have charted down
- few parts of market cycle with red bubble
- Major and minor bearish downtrend lines
- and multiple Patterns ( Broadening wedge , bearish pennant ,etc)
For reference about red text bubbles use this link. onemint.com/2010/06/30/wall-street-cheat-sheet-psychology-of-a-market-cycle/
Let me know what you think about my interpretations....all ideas and comments are welcome..remember Kaizen (continous education will make us great)
Note
Up or than down to next buy zone
Note
Education continues:
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.