/biz/ - Business & Finance

>>10303573
Basic TA would have saved a lot of people

>>9377307
that's why you confirm wave count with other indicators

>>8938217

>>8908430
A trader has no right to impose his opinion upon the market. I'm prepared to long a breakout or short a breakdown; if you revenge shorted and now have an underwater short, well too bad for you, you've limited what you can do without incurring a loss.

>>8908508
That looks much more like a bullish ascending triangle. Volume is also lower during consolidation. Here is an example of a rising wedge at the end of a long uptrend.

>>8908526
You want to wait until a breakout is confirmed by an increase in volume (i.e. breakout of 9k after 6k low in Feb)

>>6724075
same

>>6723861
It's common sense that Jews would earn more from pumping the price then dumping their bags before crashing the price again. They're going to do that until 5k then pump it up again.

>>6707429
someone who made almost a million dollars from KCS by applying basic TA
you can see a similar pattern in the Bitcoin chart, the final rise had much lower volume, a sign the rising trend was about to end