Chart pattern identification attempt round 1
Tldr: my bio first few paragraphs, chart pattern identified final paragraph. Cup and handle 1minute
Just trying to spend my free time learning about markets and trading and whatnot. Startimg with free shares from random brokerages and such, moved to crypto cause working cuts into daily market plays. Always had an interest in markets but I only ever experienced them in videogames, most notably rivalregions
Anyways, i recieved a total of around 130$ of frew shares of stock from the different brokerages over rhe last few months and been using those to play and learn in the markets. Not doing bad either although I'm currently down around 30$ from FOMO into GME stuff. Basically got in at the peak on the 28th. But im holding either way lol.
So I guess I'm gonna attempt to start identifying patterns and using chart analysis to make moves, ideally eventually writing script for strategys and indicators that i can use in a crypto trading bot, although one step at a time right. I did make a good play on
CTRM a few weeks ago where I noticed the morning star forming and played it perfectly. I hsd a position established and sold on the middle peak and bought on the final dip. Felt good.
So i think this is clearly a cup and handle. 1 minute chart, by rhe time I'm done here it is fully formed, just waiting for the blast off. I'll likely continue writing these ideas identifying patterns as i see them.
I would appreciate it if someone knowledgeable would follow me and criticize all my thoughts. I want to improve so any suggestions or point out areas where I'm simply an idiot would be great.
Thanks,
SpeedoSam.
Also i mainly watch Chris Sain UCrTFPf6rq5OUSWb7ILW9trg ( absolute genius btw had i simply done everything he said from day one I'd be rich by now.) Paul NGumah PaulNGumah
Pattern trader, seems to know his stuff.
Any orher suggestions would be great also.
Just trying to spend my free time learning about markets and trading and whatnot. Startimg with free shares from random brokerages and such, moved to crypto cause working cuts into daily market plays. Always had an interest in markets but I only ever experienced them in videogames, most notably rivalregions
Anyways, i recieved a total of around 130$ of frew shares of stock from the different brokerages over rhe last few months and been using those to play and learn in the markets. Not doing bad either although I'm currently down around 30$ from FOMO into GME stuff. Basically got in at the peak on the 28th. But im holding either way lol.
So I guess I'm gonna attempt to start identifying patterns and using chart analysis to make moves, ideally eventually writing script for strategys and indicators that i can use in a crypto trading bot, although one step at a time right. I did make a good play on
CTRM a few weeks ago where I noticed the morning star forming and played it perfectly. I hsd a position established and sold on the middle peak and bought on the final dip. Felt good.So i think this is clearly a cup and handle. 1 minute chart, by rhe time I'm done here it is fully formed, just waiting for the blast off. I'll likely continue writing these ideas identifying patterns as i see them.
I would appreciate it if someone knowledgeable would follow me and criticize all my thoughts. I want to improve so any suggestions or point out areas where I'm simply an idiot would be great.
Thanks,
SpeedoSam.
Also i mainly watch Chris Sain UCrTFPf6rq5OUSWb7ILW9trg ( absolute genius btw had i simply done everything he said from day one I'd be rich by now.) Paul NGumah PaulNGumah
Pattern trader, seems to know his stuff.
Any orher suggestions would be great also.
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