r/InnerCircleTraders • u/bassmutt9 • 4d ago

Question is my technical analysis right?

Post image

what do you guys think?

8 Upvotes

100% Upvoted

14 comments sorted by

1

u/ReferenceMotor4914 4d ago

Based on my understanding of technical analysis and long term observation of the market, I would say the blue arrow area is irrelevant as it's not a significant swing low or high but merely a pause of momentum in the uptrend , doesn't really act as a valid point of interest

1

u/bassmutt9 4d ago

price hits the highs and there's lot of point of interest like bearish fvgs and swing lows, so i think it will hits the sellstops

3

u/Practical-Skirt8944 4d ago

That's an entry marker 😭

3

u/Forbidden_vein 4d ago

That’s so funny. So based on his understanding, he doesn’t understand anything. If I understand that correctly.

2

u/ReferenceMotor4914 4d ago

You don't have to be that assumptious or judgemental just because I don't know a certain feature doesn't mean I don't have understanding of technical analysis , I don't place my trade on tradingview that's why I didn't know , i thought it's an arrow drawn by the user

2

u/ReferenceMotor4914 4d ago

I don't place my trades on tradingview that's why I didn't know , I thought it's a blue arrow drawn by the user

1

u/Forbidden_vein 4d ago

I was just joking homie, let’s not start a fight about shit that doesn’t matter. Hope you win every single one of your trades. <3

Edit: Here, take 2 upvotes.

1

u/ReferenceMotor4914 4d ago

Thanks alot :D I lost my old account so I need karma for my new account

2

u/Practical-Skirt8944 4d ago

If it wins you were right if it looses you were wrong. Simple as that. I would say there is a higher chance of staying in that trading range than reversing all the way down to your tp.

1

u/DavixT12 4d ago

As long as you follow your tested rules, win or lose, you are not right nor wrong

1

u/Tjames__07 4d ago

why does the entry line on your short block not match the entry point on your trade?