Alright viewer's. Sometimes as traders we have to be willing to go against the greater wave of sentiment. Sometimes as investors we have to sit back, look at the big picture, and make our own decisions. This is one of those times, where we need to be ready to make those types of decisions. I think you should watch this video with a grain of salt - and I think you should read like crazy, look at charts like crazy, and most importantly -- I think you should be drawing up your own charts until something speaks to you. You NEED conviction here. You need to be sure.
I'm not convinced by what others do. I'm convinced by what I do. I hope you are the same way -- draw your charts with me guys. I'd love to see you post some back here in the comments section. Please do.
Thanks for your work. I´m sure lot of people will find it helpfull.
If you will have some time. Check out one of my TAs I think current correction pattern is similliar to the 3rd one ine the circle. Feel free to hit my with your opinion. Cheers and wish you nice rest of a day
blessmywork
⋅
@Anoinvest, I love it! Great chart. That looks to me like a great piece of work. Fantastic look at the past trends -- how did you copy the trend to zoom it up in those upper windows? I'd love to know how to do that.
That is absolutely fantastic. I like your use of the RSI.
I wonder how the Accumulation and Distribution indicator would look in comparison to those corrective cycles.
Fantastic work - you have very clear thoughts, they are well shown, and you clearly have a long term plan. That is trading like a big timer!
Anoinvest
⋅
@nukenowakowski, Thanks sir for your kind words. To copy the trend you have to use " Bars pattern " in the tools right betweeen icons and patterns/waves click from left to right where you want to copy the pattern and woalaa :)
blessmywork
⋅
@Anoinvest, Thank you. Huge help. Look out for future uses of that excellent feature.
Anoinvest
⋅
@nukenowakowski, You´re welcome. I also used it experimentaly in the TA as a future price prediction as it looks like the 3rd pattern back in history. I took the 4rd as the future price prediction if they do somehow repeat. Lets see how it will play out.
Basil13
⋅
Well said.
Basil13
⋅
I've been trying to inform people for days, missing TP on alt runs and everything. commitment!
Anoinvest
⋅
Just went back over the reversed H&S and realized at the low volume on your specific timeframes this could be confirmation how weak the bears are now as there is almost no selling pressure.
This could easily form very small right shoulder
y0gi
⋅
Very nice video thank you like ur style please more :)
blessmywork
⋅
@y0gi, I just dropped a new video.. :) I'm glad you liked it. Thank you for your kind words!
(The New video)
If you will have some time. Check out one of my TAs I think current correction pattern is similliar to the 3rd one ine the circle. Feel free to hit my with your opinion. Cheers and wish you nice rest of a day