Patterns of technical analysis
Hello, In this video I will explain a technical analysis pattern called Cup and Grip. Try to understand what happens when Captain Endo is formed. Learn how to identify it and see the metrics that help. Then try to make a profit by buying stocks with the captain's grip. A continuation of our technical analysis article for beginners. So don't forget to check the article first. The link is on the top right and there are still many videos I make about technical analysis. Don't forget to subscribe so you don't miss the next article. Patterns or Patterns is a direct form of the concept of repeating history explained in the technical analysis article for beginners, where history repeats itself, with multiple patterns appearing and reappearing.
Patterns of technical analysis
A pattern is a series of multiple price movements that appear to be drawn, and movements that appear to be drawn actually misrepresent the psychology of market participants. For example, if chat drops sharply, it means there is green or greed in the market.
When it finally comes down to negotiations and Uber letters, the artist's mood can slowly shift from negative to positive, indicating buildup and many other things. Therefore, if we can see the pattern, we can predict when the price will go up. So you know when to buy and when to sell. Halos are a pattern first discovered by William Onew in the 1980s and popularized and described in his book. How to make money in stocks.He researches over 1000 colors each year and finds the pattern on the handle of his mug. He called it his chart pattern with the most comments, or the pattern that appears most often in his book. Onew said that the keto pine grip pattern is a very important pattern because it can be used to look for strong and long strains. Cup means cup and end means gag. What we envision is a cup. Yes, it's part of the cup and part of the captain's handle.
Rounded price U-shaped handles are important. This is because it means accumulation by strong market participants who can hold stocks longer, rather than short-term speculators. In the future, the target may be set higher than just 50%. In that case, this pattern could form and add handles, the owner said, but if addressed, the chances of success are higher.
Handling is also important, as it means destocking, fixing, and checking out. There are market participants who are no longer strong, and even small corrections can help increase the likelihood that prices will continue to rise. Because market participants don't want to sell below to see when the first grab is. The shape of the hood thus looks like the letter u instead of the letter V. The bottle price is 12-50% of the top cup price for this KPI. Additionally, formation generally takes a significant amount of time, which can take anywhere from about seven weeks to a year or more, after which the handle is corrected up to half the district.
And generally, the most important point over a week is that this resistance line is the side where the starboard side of the ship reaches the point of maximum resistance forming. After that, if the price can survive, it will fall to form an end. A subsequent rise and breaking through the resistance line means the captain pattern is in effect. So this is when you buy a stock, i.e. when the price breaks through the resistance. If he breaks through, this will be characterized by an increase in the average amount of stop loss transaction volume. Put it under the resistance as conveniently as possible or supported by a handle based on the edianto on book I wrote in the article. The recommended free stock learning method can be aimed at by using the distance from Bo. The bottom is a cup with resistance, so let's draw a line from the lowest point Sis.
Use this resistance length to extrapolate the target set from the resistance. This goal is the point at which you can sell some or all of your shares for a profit. If the trend is police sequels or Atlan sequels, this should be it. In theory, it's true that the captain happened during the trend, but even after the opening that Willie wants to call, he was given several examples of the world trend drawn in Kafon, so the success of the A downtrend can occur even if the probability is low. Pattern decisions are lower, and later each person has their own style and tolerance in reading patterns.
Now let's look at some examples of when to trade on the Indonesian stock market. As such, I continue to recommend the metrics I use to identify textbooks.
So it depends on how far we want to go. If there are some characteristics that do not match, use the website. This is what I like here. You can also create a checklist and go straight to the watchlist table, so it's also good for monitoring a lot of stock colors Chat is also integrated into TradingView, so the functionality is pretty powerful. Just go to Stocks and select TradingView. Here you can add an indicator by selecting Indicators on the top right. First use cache and stochastic outside bjbr or bank jabar example. Avtran launches after breaking the resistance of the indicator as it eventually rises as a handle and price falls and rises out of the cup. This means the line that this blue passes through, and the red line crosses as it rises, descends and rises. form a handle.
It doesn't usually cross over and it's not deep, but if you rely on it when you find the bottom, you'll get an erection. The next example is BDM or Bank Danamon. Yes that's the hood and that's the handle. The resistance here continues to rise very sharply. Yes, from the indicators and backup, the crossover is on the steering wheel, but it has not reached the crossover. I feel like Stochastic is also used in weekly charts like GJTL and Gajah Tunggal. Weekly from the menu above, not perfect but ok. This is the hood and this is the handle.
Go through resistance and hit a target about racket length. The indicators are also stable. Hughes are coming. There must be an intersection at the steering wheel. If you use it here, it's easy to touch and cross, and the stochastic also feels like a colos. Let's practice direct la using the captain handle pattern found in the same efs aini. This is not an ideal example, but as I said before, practice in the first field and you won't have to stick to theory. Not perfect, but form a resistance around 589. If broken here by Reza, he started descending into form Endell. This could be a valid captain hold. This means that targets can be taken from the bottom of the cup. Until then, copy and paste this resistor and move it to the resistor. So the target is about 881 when this pattern occurs. This means that the profit potential is around 49% of the resistance. You will see the indicators described earlier. Must cross manufacturers. When the handle arrived the handle touched and the soft case already intersects exactly with the example of the previous observation so now I have a d525 and a 530 about 5 million stop buy his loss and bottle can be put in
Angles around 480 are actually safer to buy that break the resistance, but here the combination of Polak and indicators strengthen each other quite a lot and now kayaks are often a possibility too. I bought it immediately. Actually, after 2 weeks, the face grip started to rise through the resistance. That's a very good sign. Then we analyze the target in more detail and match the depth of kepqlq where the target is 81 and there is also some resistance from hi but before reaching coconut 80 there is also resistance 800 that 800 cannot penetrate. Technical analysis like this is not safe because you have to sell 800, but you prefer to use it like a GPS map that can change at any time and you have to adapt. So the potential for 80 coconuts is huge, and eventually she can only reach her 80 coconuts after 2 weeks.
In fact, it lasted about 800 in a week, but ended up with 80 coconuts, so I quickly went back to using the Magic feature to sell some. 50% of the attic can be selected immediately, so buy 530 and sell first. This is already up 66%. This pattern certainly shows that Australia is strong so you can sell it again later. The bottom line is patterns, or patterns to help you know when to buy. It's a useful set of price movements. Sell both.
The Merchant Captain is a very common Avtran pattern in the market, so it's important to understand the depth of the 3rd and 4th shots during practice. No. Our own style and tolerance in reading patterns Don't forget to subscribe as there are still many topics to discuss in our technical analysis article series.
Discussed first, several Keriris also discussed other topics such as stocks and bonds, PKN brothers. If you want to know more or want to make vegetables, check it out on Twitter or Tik Tok. Don't forget to follow our video on investing for beginners.
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