Trading and Investing for Beginners: Stock Trading Basics, High level Technical Analysis, Risk Management and Trading Psychology by Rubén Villahermosa

Author:Rubén Villahermosa [Villahermosa, Rubén & Villahermosa, Rubén]
Language: eng
Format: epub
Published: 2022-01-05T05:00:00+00:00

Most of the candlesticks in the opposite direction (corrections) are indecision candlesticks, they overlap with each other and suggest a lack of participation.

We see normal and fast trend types.

No significant trend lines are broken and minor ones that are broken result in sideways corrections.

There is no movement that breaks the channel line creating an overbought or oversold situation that could suggest a trend climax.

The trend trading zones are around previous pivot points (axis lines) or around generated pivot points.



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