Forex BTC/USD Daily Video, December 11, 2018

[Sive Morten]

Good morning,

BTC still looks heavy and we gravitate to idea that it is better to search chances to sell. Nevertheless, today we also take a look at what setups exist for long entry:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[onwukarisa]

Hi Sive,

How do you draw those harmonic patterns on your trading view charts. is there an app for that?

kindly educate me on that.

thank you

 

[Sive Morten]

Hi Sive,

How do you draw those harmonic patterns on your trading view charts. is there an app for that?

kindly educate me on that.

thank you

Hi,
Well, in MT4 I do it manually using triangles. But it should be some software as well, just google it. Particular on BTC charts - this is trading view application, I use their charts, because no retail broker could provide adequate quotes for BTC. Trading view has patterns, but anyway - to draw it you have to recognize it first by your eyes This is not pattern recognition tool, this is drawing one.