If you have been in the market for some time, you may have heard of โFibonacci retracementsโ. Read this informative thread to solidify your understanding of this concept.
2/11 ๐ง๐ฎ๐ฏ๐น๐ฒ ๐ผ๐ณ ๐๐ผ๐ป๐๐ฒ๐ป๐๐: โ
1. What are Fibonacci levels? 2. What is the significance of retracement levels? 3. How to find retracement levels? 4. How to use the retracement levels?
In this post, we are going to examine just the opposite: bearish divergences!
Please remember this is an educational post to help everyone better understand investing and trading principles.
2/13 In no way are we trying to promote a particular style of trading.
๐๐ผ๐ป๐๐ฒ๐ป๐๐: 1. What is bearish divergence? 2. Types of bearish divergence 3. Examples
Mar 23, 2022 โข 16 tweets โข 5 min read
1/14 ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ levels are a critical part of trend analysis because they are used to make specific trading decisions. The fact that these levels flip roles between support and resistance can be used to determine the range of a market,
2/14 trade reversals, bounces, or breakouts. These levels exist due to the influx of buyers and sellers at key junctures. S/R levels can be drawn using a variety of technical indicators such as Moving averages, horizontal levels, trendlines, etc.