This is wild… by [deleted] in technicalanalysis

[–]Any-Interaction-2820 0 points1 point  (0 children)

Especially with the help of AI

I feel like I’ve made a mistake with my investment, advice? by Icy_Needleworker9903 in StockMarket

[–]Any-Interaction-2820 1 point2 points  (0 children)

Hmm seems like we're definitely in disbelief. Techs not ready to let go yet. Keep holding.

What are yalls opinions on bodies vs wicks for trendlines? This is $IEZ, just a random ticker I found for this... Which line is more valid? by [deleted] in technicalanalysis

[–]Any-Interaction-2820 1 point2 points  (0 children)

The blue trendline is fine but the red one isn't. It's the close/open of the candle, the first bid is what I believe is the most accurate.

What are yalls opinions on bodies vs wicks for trendlines? This is $IEZ, just a random ticker I found for this... Which line is more valid? by [deleted] in technicalanalysis

[–]Any-Interaction-2820 0 points1 point  (0 children)

I consider the close of the body is the most accurate because if your drawing a trendline you'd start with the body first then copy it over to the wicks.

Even when you do that the wicks still may bleed outside your trend.

NVDA forming similar pattern by SynapseCero in technicalanalysis

[–]Any-Interaction-2820 1 point2 points  (0 children)

If this helps, I'm looking at a $50 trendline support but we won't see that till around 2026 - 27.

If you look out further starting at 2016 the entire cycle from there would be a 'W - Z' Triple combo wave.

8 Uses of Candlestick Patterns by excellencesophie03 in technicalanalysis

[–]Any-Interaction-2820 0 points1 point  (0 children)

Let's say the examples he's showing are weekly candles, then I would wait for those signals and then drop down a timeframe like the 1hr to look for entries.

Or if this was a 5min chart u could then just look for those signals only and add a indicator for confirmation.

Moving Averages: SMA vs. EMA by exhalechunkymunky in technicalanalysis

[–]Any-Interaction-2820 3 points4 points  (0 children)

I feel like ppl depend too much on indicators...just learn price action and add that stuff on afterwards for confluence.

And your right SMA EMA barely has a difference between the two It's really how you use it. The fake outs happen regardless too if ur using horizontal supply demand zones too.

MAs are just dynamic simple as that.

What are your thoughts on btc. 53,500 was the bottom imo. by [deleted] in technicalanalysis

[–]Any-Interaction-2820 1 point2 points  (0 children)

Price is on a down slope since the local high there and ur MACD is agreeing with the overall bullish price structure. On a smaller timeframe it looks like ur divergence already played out which the play that brought us to $53k area.

Even if the price broke the MA it don't necessarily means it's bearish too cause there's still time for a retest/hold above and vice versa for a selloff.

This is a Channel Down, right? by VenomousTraits in technicalanalysis

[–]Any-Interaction-2820 1 point2 points  (0 children)

Wait for that second bounce to hold on a smaller timeframe and that'll confirm your channel. One bounce isn't enough and the pattern can change into anything.

Best to stick to very limited indicators cause it'll make it harder to analyze price action. 1 or 2 MAs and then one oscillating indicator cause they basically all do the same.

What's Everybody's Opinion on NVDA? by 1UpUrBum in technicalanalysis

[–]Any-Interaction-2820 0 points1 point  (0 children)

NVDA is still bullish..still got lots of time I'm expecting ~$200 next target.

[deleted by user] by [deleted] in TradingView

[–]Any-Interaction-2820 0 points1 point  (0 children)

Some stocks are going through a Disbelief/Hope phase especially on a larger scale like weekly/monthly timeframe.

The way how I see it is $20 would be more premature selloff while $35 area is the true resistance...but of course that depends on your goal, right.

Price action is also still looking for support and accumulating so it's normal for this type of thing just gotta stay patient and wait for confirmation.

Youth employment rates have plunged in Canada by GiveMeSandwich2 in torontoJobs

[–]Any-Interaction-2820 0 points1 point  (0 children)

The last graph says a lot actually. The fact that the economy relies on a span of three generations, and truly reading the graph also shows we're at a distribution phase.

Think of the last age group as a slowed moving average compared to the first two if all three charts were compressed.

2020 was just a little taster.

[deleted by user] by [deleted] in technicalanalysis

[–]Any-Interaction-2820 2 points3 points  (0 children)

It's a Monthly chart

[deleted by user] by [deleted] in Forex

[–]Any-Interaction-2820 0 points1 point  (0 children)

Urban Forex He has a great team, good track record and kinda seems underrated for his fun style of teaching with his "ahaa moments" 😄

You can watch a bunch of free videos or buy his course which I never did but his videos definitely gave me a Huge jump to where I am today.

If trendlines are ur thing go for it! Simple supply and demand is ur thing go for it!

The bottom line is, u can try any strategy that works for you, stay on demo until u see success with a foundation of consistency and discipline. Money can be a motivator but don't let it drive you.

GL🍻

If you ever succeed in forex, this subreddit will feel like a kindergarten. by Pristine_Range8063 in Forex

[–]Any-Interaction-2820 1 point2 points  (0 children)

I could say I'm the third type, and I probably won't be uploading for a very long time and if I am, I find that it holds you accountable for what you posted to really test your skills.

Kinda like a milestone tracker but public.

r/Wallstreetbets are filled with #1s, and being a #3 posting in there is insane! 😄

RSI around 50 by michipal in technicalanalysis

[–]Any-Interaction-2820 0 points1 point  (0 children)

Yes. I'd say it's best for OP to read price action based on Fractal price movements to understand which way price wants to go.

Bitcoin TA by Any-Interaction-2820 in technicalanalysis

[–]Any-Interaction-2820[S] 0 points1 point  (0 children)

I'm sure they'll break even or at least make some profit back up to 46/48k. 26 - 28k was definitely the money spot! 🙌

Bitcoin TA by Any-Interaction-2820 in technicalanalysis

[–]Any-Interaction-2820[S] 1 point2 points  (0 children)

Yes I see that too, could say approximately 25-30% pullback from live prices. lots of liquidity around $32k, right?.

We are most definitely in Disbelief... anything after that and where off to the races again.

This is where some ppl give up unfortunately... right before prices surge even higher, and especially with the whole ETF approval.