Gi Krypto

#Tradelesson #Tradelesson #Tradelesson #Tradelesson #Tradelesson

Chart Patterns
There are two main types:
- Trend continuation patterns
- Reversal patterns

The most important ones, only I know:

- Double and triple top
- Double and triple bottom
- ETE and ETEi
- Triangle and flag

The psychology behind these patterns:

Double/triple bottom, ETEi: Reflects investors' determination to prevent the price from creating a new low and their intention to reverse the situation

Double/triple top, ETE: Reflects investors' determination to prevent the price from creating a new high and their intention to reverse the situation

Triangle and flag: Reflects the weakening of investors' power

NB: We don't trade chart patterns as we are shown on social media; that's marketing. Chart patterns are one of the confirmation methods in trading. They allow traders to anticipate the future direction of the asset. It is up to the trader to adapt a strategy based on them.

#lessonlearned #lessonlearned #Tradelesson #Tradelesson
Japanese Candlesticks

There are two types of Japanese candlesticks:
- The Bullish Candlestick (Green)
- The Bearish Candlestick (Red)

Candlesticks you absolutely need to know:

- Standard Doji

- Hammer
• Bullish
• Bearish

- Engulfing
• Bullish
• Bearish

- Penetrating
• Bullish
• Bearish

Note: There are several, but the most important are the ones I've mentioned.

#TradeLessons #TradeLessons #TradeLessons #TradeLessons #TradeLessons


In visual analysis, you should be familiar with these concepts:
- Japanese candlestick patterns
- Support and resistance
- Trend lines
- Chart patterns
- Market structure (trends and phases)

Technical analysis only concerns technical indicators.

#TradeLessons #TradeLessons #TradeLessons #TradeLessons #TradeLessons


You should know this before performing chart analysis. Chart analysis is divided into:

- Visual analysis
- Technical analysis