Stewdamus' Chart Analysis & Trade Alerts

Share this post

This is why I wait for 3 confirmation candles on the daily!

www.stewdam.us

This is why I wait for 3 confirmation candles on the daily!

#bitcoin #btcusd #cupandhandle #price #predictions #stock #dollar #dxy #vix #us500 #us10y #us02y

stewdamus
Feb 24
Share this post

This is why I wait for 3 confirmation candles on the daily!

www.stewdam.us

Traders,

At times, during the last week, it looked as if our Cup and Handle pattern was going to be legitimized. However, caution was admonished. We had not yet seen 3 candle closes above our neckline on the daily which would have allowed for the safest entry. Though, we played around above the neckline for over a week, the break was never confirmed with 3 solid price closes above the neckline on the daily. This provides valuable teaching material for us all to observe and learn from going forward.

  • I will review price history and show you what I needed to see for solid confirmation.

  • I will also review the four charts I was observing this past week.

  • And finally, I will show you what the picture now is looking like going forward.

Stew

⛓️ 🔗 Useful Links 🔗 ⛓️

My Twitter:
https://twitter.com/stewdamus

My Telegram:
https://t.me/stewdamus

All my socials:
https://www.stewdam.us/p/social-media

My Trading Account:
https://www.kucoin.com/ucenter/signup?rcode=rPJGNGN

Share this post

This is why I wait for 3 confirmation candles on the daily!

www.stewdam.us
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 stewdamus
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing