Gk_Aronno
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Injective Bullish Reversal Signals —Technical Analysis Works
$INJ
The reversal signals show up in so many ways. Some can be predicted with the candles, for example, here the bottom session produced a high volume Doji, a clear reversal signal. The action that followed this Doji confirmed this signal.
There was a low first in February, the session ended with high volume and green.
There was a lower low in March (left shoulder), the action ended with relatively high volume and green. The bullish signal comes from the fact that bearish volume is dropping, not present.
The final low came in 7-April (head) and this session also ended green with high volume. The bottom is in.
The action later went on to produce an inverted Head & Shoulder pattern, another reversal signal fully confirmed.
After a small retrace, we will see additional growth.
These candles, these indicators, these signals and patterns help us predict where the market is headed next.
Short-term, as in days or maximum a week or two, anything goes. There can be a small drop or whatever, long-term, it is going up. Based on the signals coming from this chart.
Knowing this, we can buy, we can hold and we can trade.
It is not easy, but everybody can learn this craft if they have what it takes.
Not everybody can be a professional football player, not everybody can do acrobatics on a motorbike, but it can be done by anybody who puts enough time, heart and effort in knowing how to get it done.
The "intelligent investor" is for those that have no time or simply don't want to learn how the market works. It is ok, it is a tool and can be used successfully, but does not mean that timing the market is impossible, it simply means that most people can't or choose not to do so.
Now, tell me again about your random walk.
Namaste.
The reversal signals show up in so many ways. Some can be predicted with the candles, for example, here the bottom session produced a high volume Doji, a clear reversal signal. The action that followed this Doji confirmed this signal.
There was a low first in February, the session ended with high volume and green.
There was a lower low in March (left shoulder), the action ended with relatively high volume and green. The bullish signal comes from the fact that bearish volume is dropping, not present.
The final low came in 7-April (head) and this session also ended green with high volume. The bottom is in.
The action later went on to produce an inverted Head & Shoulder pattern, another reversal signal fully confirmed.
After a small retrace, we will see additional growth.
These candles, these indicators, these signals and patterns help us predict where the market is headed next.
Short-term, as in days or maximum a week or two, anything goes. There can be a small drop or whatever, long-term, it is going up. Based on the signals coming from this chart.
Knowing this, we can buy, we can hold and we can trade.
It is not easy, but everybody can learn this craft if they have what it takes.
Not everybody can be a professional football player, not everybody can do acrobatics on a motorbike, but it can be done by anybody who puts enough time, heart and effort in knowing how to get it done.
The "intelligent investor" is for those that have no time or simply don't want to learn how the market works. It is ok, it is a tool and can be used successfully, but does not mean that timing the market is impossible, it simply means that most people can't or choose not to do so.
Now, tell me again about your random walk.
Namaste.
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