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All makes sense. Challenge for me has been the speed at which they move out of the zone on the smaller TFs & then the W falls over & continues ranging. Hit the break of the peak but then get caught on price retracing. Probably better for me to pick the bottom of the W on the 1H so have time to get in & get out at the top of the W, and then play the retrace.
Tino, can you talk about the pattern in relation to the angle of the 50 EMA, and also the distance from the 50 EMA? I know we need to typically wait for an aggressive deviation away from the 50 EMA, but sometimes we’ll see that, but then the 50 EMA will come down closer towards price while pointing at an angle that could invalidate the peak formation.
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Marvin
April 8, 2022 at 8:46 amthank you tino
Sayid
April 9, 2022 at 5:19 pmhahaha love the parrot bit. Btw i used to have a macaw…Now i got a cat tino.
Alexis
April 10, 2022 at 8:48 amAll makes sense. Challenge for me has been the speed at which they move out of the zone on the smaller TFs & then the W falls over & continues ranging. Hit the break of the peak but then get caught on price retracing. Probably better for me to pick the bottom of the W on the 1H so have time to get in & get out at the top of the W, and then play the retrace.
Billy
April 12, 2022 at 1:49 amTino I am glad I am taking it low and understanding the way you explain the Patterns! Now I am getting it! Billy From Philly!
Mark
April 15, 2022 at 8:11 amThank You Tino, for everything you do…. everyday the charts become clearer….
Om
April 18, 2022 at 4:29 pmTino, can you talk about the pattern in relation to the angle of the 50 EMA, and also the distance from the 50 EMA? I know we need to typically wait for an aggressive deviation away from the 50 EMA, but sometimes we’ll see that, but then the 50 EMA will come down closer towards price while pointing at an angle that could invalidate the peak formation.
Helen
May 6, 2022 at 11:38 pmThank you
Ioan
May 8, 2022 at 1:08 pmI never laughed so hard when you swore by accident
Mr.Braun
February 15, 2023 at 11:34 pmJust Best!
thefrogsbollocks
March 9, 2023 at 4:50 pmSo it sounds to me like a pair of aces isn’t the best hand if something else beats it. Lols 😂