Education

Updated

Revisiting the GME Journey

Hi, here i'm taking GME as an example to show the use/power of simple drawing tools ( Channel, Curve, Arc and trendlines).
these tools helps in finding the patterns , i do have firm believe that intersection of patterns and timelines creates news/events
i also try to show how using multiple tfs help in analysis, as each time frame (tf) has many possible patterns but it is important to find the pattern followed by the price at that particular time
most of us know the importance of TA in trading and that is the reason why we r using " tv" a great place to analyse

everything on this earth follows some kind of patterns, used by many greats in there trading journey ( ratios/ angles)
you will find many graphics in the comment section which i will add after publishing this , i will also give examples from other assets , but my main focus would be on GME journey

Note

in monthly time frame

Note

price is moving within a channel from very start

Note

so breakout of an Arc

Note

so, how the simple tools help in mapping the journey , i'm not using any levels as this is not a product analysis, will add journey of some more assets shortly

Note

if anyone interested in the journey process of any asset using patterns , i can try it

Note

to give a new example

Note

pepsico,sh we need anything else ?, simple trendlines

Note

simple trendlines

Note

in 3M

Note

nvidia analysis using tools

Gift nifty is testing the mid of the channel in 3M time frame

Note

no more updates on this idea thanks for your support

Note

progress at the end of year, addes a sub channel, that's how patterns work

omvats1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

omvats1