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Warrior Trading // Ross Cameron // Day Trade Warrior

As active. Traders We are literally trying to predict the future. So when we're looking at a chart and it looks like this and this is our current moment in time, we only have the historical price action for this chart. So what we now have to do is we have to visualize what could happen next.

We could visualize the stock going sideways, going down, or going back up. Now, based on this pattern, this looks like a partial bull flag, which means my prediction would be first candle makes a new high and it moves back up. This requires me to be able to recognize the pattern in full even when in the moment I can only see part of it. The best way to get really good at this is to print out a bunch of pictures of charts where you have the full resolution and that way as you see it starting to form, you can begin to visualize the rest of the pattern and how it could potentially play out.


By Stock Chat

where the coffee is hot and so is the chat

8 thoughts on “What’s going to happen next on this chart?”
  1. Avataaar/Circle Created with python_avatars @fantasticchupacabra7205 says:

    those two red overlapping candles without wicks cannot exist.

  2. Avataaar/Circle Created with python_avatars @mrwonderful2081 says:

    I’d assume it going side ways.

  3. Avataaar/Circle Created with python_avatars @justinjones3326 says:

    I look at it as an end im selling pressure just as the top wick is an end to buying pressure

  4. Avataaar/Circle Created with python_avatars @infinitelyllc says:

    It is hard to see the pattern while it is forming. That is a good skill to work on. 🥰

  5. Avataaar/Circle Created with python_avatars @allwedoistwin says:

    Thank you

  6. Avataaar/Circle Created with python_avatars @sproutsandwichshop6667 says:

    3RD COMMENT

  7. Avataaar/Circle Created with python_avatars @powerthroughfocus says:

    Printing out charts is brilliant!!! Tyvm!! You’re a gentleman and a scholar. 🎉❤

  8. Avataaar/Circle Created with python_avatars @user70331 says:

    Its a bull trap,😅

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