Let’s take it up a notch in this lesson and talk about deceleration and consolidation using multi-timeframe analysis. We already know the difference between deceleration (price slowing down around S/R after accelerating) and consolidation (price continues to move sideways at S/R for an extended period of time), but what does that actually look like when we start to apply multi-timeframe analysis? Find out in this lesson.
In this lesson, we’ll build on The Elliott Wave Theory and start to use it as a whole package.
Wave 2 and Wave 4 are pullbacks - one can be very simple, and one generally more complex. Complex pullbacks have more of a price action pattern (such as a rising wedge within the pullback itself),
A ...
In order to successfully trade the MasterClass strategies, you’ll only need to focus on the following candlestick formations:
– Bearish / bullish engulfing
– High-test / low-test
– Hammer / inverted hammer
– Tweezer top / tweezer bottom
– Inside bar
– Doji
In this lesson, you’ll learn about the stock market. Here are some characteristics to take note of:
– US stock market has been bullish 90% of the time over the last decade
– The stock market is broken down into various sectors, industries, and individual companies
– Open 5 days per week during ...
