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Keith700

Patterns and their perspectives

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There are no reliable patterns to take operations against the trend, so never take operations against the trend unless there is first a break in a significant trend line, look first for operations in favor of the trend that should
Take you to try the end of the old trend, remember that the market is reversing again at key moments, then you must go in the direction of the new trend.
All employers fail, although a failed fault is a second chance to enter the original address and has a high success rate. Traders trapped in wrong patterns will be forced out of the operation so don't rush decisions.

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You have a right to what you say
We must not go against the tide and want to achieve profits or success
It is not possible


 

Life is great and enjoy it

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2 hours ago, Dprincebh said:

Some pattern will indicate to you where you should buy or se, some of those pattern are good to be learnt

But sometimes those pattern give us a wrong understanding where led us to failed in the end to most of the traders, and this traders are mostly novice in this field of business in crypto. 

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yeah of course this is one the most important things in trading and one of techncial anaylis  basics , but unfortanlly somtimes whales makes traps for new traders to make them either sell or buy against the trende


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Happy Posting 😉 

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When I am trading there are some pattern on the market I can detect and follow it, usually I make money follow patterns on the market, one pattern I love is after a good pump the coin price will always drop hard.

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Candle stick patterns are the Major trading strategy I learned how to trade with, because in there yo can see almost every data you need to profit.

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If you take the trouble to deal with even the most basic figures, it will greatly facilitate the work and market analysis. The system is based on a fairly simple axiom - everything repeats. Almost any situation will happen again sooner or later, and the task of the trader is to find out exactly when the exact location of the data on the chart will arise.


 

 

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On 11/8/2019 at 7:16 AM, IrinaLavrinova said:

If you take the trouble to deal with even the most basic figures, it will greatly facilitate the work and market analysis. The system is based on a fairly simple axiom - everything repeats. Almost any situation will happen again sooner or later, and the task of the trader is to find out exactly when the exact location of the data on the chart will arise.

Simple patterns do simplify the work too much with regard to situational and rapid analysis.
The axiom is the support and resistance patterns, where the market reacts and how it should react.
Many traders follow many technical indicators without paying attention to the patterns, it is a mistake ... you have to correlate the patterns and indicators plus other simple elements to have a clear sketch of the trade to be implemented.

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I Use tradingview there is a lot of charts to analize with may of option and indicator to use because they helps a lot,patterns and trend can give a wrong vision every time you have a large time trend change 

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6 hours ago, Keith700 said:

Simple patterns do simplify the work too much with regard to situational and rapid analysis.
The axiom is the support and resistance patterns, where the market reacts and how it should react.
Many traders follow many technical indicators without paying attention to the patterns, it is a mistake ... you have to correlate the patterns and indicators plus other simple elements to have a clear sketch of the trade to be implemented.

I agree with you, in addition, it is not necessary to know all the models, it is better to hone the use of the most frequent and understandable ones for you. This will help to save time, as well as increase the effectiveness of trading or training. I think strong candlestick patterns are not a guaranteed key to success, but an important step on the way to it.


 

 

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This is very important not to rush to make a decision, the successful trader must be patient and study the market carefully because the market has many fluctuations and can be reflected in one moment as you mentioned. An example from reality now Bitcoin has been on the price of 7500 for a long time and then suddenly it rose to 8500 and continued to rise.

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It's very important to know many pattern be cause they are like indicators telling you when to buy or when to sell.

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i think a lot of us try to read the market by seeing the trend lines and then see if its going to break above it or not and we have been wrong so many times as we cant really predict if it will break over or not.

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On 10/22/2019 at 12:34 PM, Keith700 said:

There are no reliable patterns to take operations against the trend, so never take operations against the trend unless there is first a break in a significant trend line, look first for operations in favor of the trend that should
Take you to try the end of the old trend, remember that the market is reversing again at key moments, then you must go in the direction of the new trend.
All employers fail, although a failed fault is a second chance to enter the original address and has a high success rate. Traders trapped in wrong patterns will be forced out of the operation so don't rush decisions.

Yes, we must go in the same direction as the market, but this is not easy, and it may require a lot of effort and follow the direction of the market for long hours a day, and certainly have the expertise of analysis as well.

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Yes .you dicussed a good topic which all the newbies face everytime.in the trading traps are made by the whale for the newbies and at this moment the newbies can't justify which action should take.so either they sell it or hold

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On 10/22/2019 at 10:04 PM, Keith700 said:

There are no reliable patterns to take operations against the trend, so never take operations against the trend unless there is first a break in a significant trend line, look first for operations in favor of the trend that should
Take you to try the end of the old trend, remember that the market is reversing again at key moments, then you must go in the direction of the new trend.
All employers fail, although a failed fault is a second chance to enter the original address and has a high success rate. Traders trapped in wrong patterns will be forced out of the operation so don't rush decisions.

I think we should not go for a coin who is already started pumping we should wait for sometime and when it would fall then invest in the coin. Always find the coins which are not started for upward trend. Many traders face loss when they invest in a coin which is already pumped. 

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Trading is not simple so we need a lot of strategy to know for us to earn enough profit, taking patterns is hard to analyse because sometimes it's not reliable at all and crypto is volatile so it's hard to rely in pattern, it is better if we have own methods to make sure our decision is based on our own. 

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Some people, once they look at the chart, think that the price if it is rising will be reversed and become declining, and this is not an easy thing, because the price always follows the general trend

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True,not all pattern or trading,technical analysis tools are reliable,sometimes we really need to make a wise decisions,and not rushing coz rushing in decisions can't give you a better results.

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I totally agree with you because (the trend is your friend), so do not try to trade against the trend and expose your account to loss. Trade with the trend and enter with confidence in the currency when touching the trend and watch the price at that point, will push it in the opposite direction or will it complete its path.


I am very happy to be here to help everyone,
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Yes, it does not find walking or rowing opposite of the current because that would be a wrong decision and make you lose a lot and also consume a lot of effort


THINK POSITIVE

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A lot of people, if they glance at the data, feel that the retail price whether it is soaring are going to be reversed and turn heading downward, along with it's not a fairly easy issue, for the reason that price tag often employs the development.

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Yes, this doesn't obtain wandering and also rowing opposing your present-day for the reason that that will be an incorrect final decision plus turn you into reduce considerably and even take loads of effort.

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Trading views is the best i use it in my phone it is hard somehow but it make the job done . But of course we need to search on YouTube how the equipments inside of it be using.

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I don't believe that there are actual patterns per say. I think that pattern implies that there is a recurring pattern that occurs to identify when to sell and when to buy, This is better described by a trend. Therefore in order to make these decisions you must analyze the market. This is how you find trends at specific points.

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