2. Patterns Graph ruse
in addition to the open position continues to channel or large quantities, a form of greed for another more pips namely:
- Creating a lower price before making a purchase, caused by other traders selling. After the price to a level that should only then do not buy in bulk so that the prices immediately climbed quickly before was normally the price would go up. Such an event would be a disappointment because his name down.
- Creates higher prices before making a sale. In the same way as other traders buy fishing. After the price increase only then will sell in bulk to direct price fall rapidly.
The pattern of deception can be made by big business marketers. Although the existence of a great trader is not too obvious, but consider there to make us more alert. Due to the fact that deception configuration is often the case.
The interesting thing about this trick is that the model before emerging disappointment pattern will be preceded by signs of early movement. For example, before going on a long hike, before the disappointment pattern down appears, there is a point of greater than the previous valley. This shows that selling pressure was lost by impulse buying because it is able to bring a lower price. With more impulse buying will dominate the market and will drive up prices.
In addition, the pattern of deception is easily recognizable by the characteristic after appearing hoax candle, the next candle will not bollingerband expand. Or in other words, the pattern of deception has not expanded bollingerband
Reason consequence of greed and fear which in turn are :.
3. converging chart patterns
If the pattern of deception usually occurs when the trend is flat, then the divergent model is convergent product after the market find saturated conditions.
convergent divergent pattern mode is the same as the model of deception that makes a lower price first, then pointed back or make the highest price first, then turn right around.
both convergent or divergent, is essentially an event where graphic form does not correspond to the type of indicator. Whereas the value of the indicator is calculated from the existing values in the chart. While the direction or shape of the graph should be similar to the direction indicator.
More details Convergent is their close bearish candle is below the bearish candle close before valley, but the value of the indicator is greater than the previous value of the indicator valley. If both close the candle that is connected, and a second indicator close it is connected, it forms two lines are pinched.
Itinerary following table after converges is UP .
diverging is their bullish candle close is higher than the previous peak, but the value of the indicator is lower than the previous peak value indicator. So when these two bullish candle closing points is connected, including the connection of name indicator close it, it will form two lines are widened.
Itinerary following list after diverging is DOWN
There are striking similarities of the three types of irregularities reasons, namely :.
- last Candlestick when a deviation occurs at a body length or longer than the previous candle
- opposite directions .. subsequent management of the gap because the market will return to a track normally
Thus, in the analysis, if we find a normal pattern, then we know that the management of future prices with the tracks of interest, but if we see a pattern of irregularities, we also know that the price will soon change direction.
Thus, the end point of difference we can do as a point of entry to the market.
0 Komentar