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One of the most common chart patterns is the triangle, formed by converging trend lines. There are three main types of triangles: 🔴Ascending Triangle (Bullish pattern) 🔴Descending Triangle (Bearish pattern) 🔴Symmetrical Triangle (Reversal pattern) How to Read Crypto Chart Patterns for Trading? 🔖Ascending and Descending Triangles are continuation patterns, meaning they occur in the middle of a trend and signal that the trend will continue. Symmetrical Triangles are reversal patterns, often appearing at the end of a trend, suggesting that a price reversal may be on the horizon. 🔗Click here to register 👉 https://olymp.gl/BuOqg ⚡️ @olymptradersignal

✔️ Test and refine strategies on historical market data, risk-free ✔️ See how your setup performs in different market conditions How to backtest a strategy: 1️⃣ Choose a strategy. Example: 🟢 Buy when EMA 5 crosses above EMA 20 🔴 Sell when EMA 5 crosses below EMA 20 2️⃣ Select an asset and timeframe. Example: Gold, 1-minute candles, 24 hours 3️⃣ Scroll back in time to hide future price moves. 4️⃣ Go through the chart one candle at a time. When your conditions are met, mark entry/exit points based on your strategy. 5️⃣ Use tools like Excel or Notion to log key metrics: - Entry and exit prices - Net profit or loss (P&L) - Market conditions 6️⃣ Review performance. Analyze metrics like success rate, average profit/loss and drawdown to spot areas for improvement. 💡 Backtest your strategy in trending, ranging and volatile markets. 💡 Don’t peek at future prices to avoid hindsight bias. 🔗Click here to register 👉 https://olymp.gl/BuOqg ⚡️ @olymptradersignal

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With Olymptrade, you have 3 excellent tools to build confidence with low or zero risk to your capital. Make sure you're using them all. 1. Demo account 📌 Get 10,000 virtual dollars for unlimited practice. You can refill your demo balance anytime you need. ⭐Explore, test signals, and simulate real trading scenarios without spending a real cent. 2. Low entry barrier 📌 You can begin live trading with as little as $10. The minimum trade size is only $1. ⭐ Even if things don't go as planned, the financial impact is minimal, so you can learn stress-free. 3. Flat market protection 📌 Activate this feature in Settings to protect your FT trades from small fluctuations. ⭐ Tiny price shifts won't result in a loss when the market is sideways and the direction is unclear. Do you use all these tools? 👍 Sure, I am a pro 🔥 Just the demo for now 🤩 I just found something new, thanks! 🔗Click here to register 👉 https://olymp.gl/BuOqg ⚡️ @olymptradersignal

Haven’t claimed yours yet? Here’s a simple 3-step guide to get you started: 1️⃣ Grab your bonus Make a deposit and receive up to 100% of the amount on top. Example: You deposit $100 and get $90 as bonus funds. Your trading balance ($190) is now split between real and bonus funds with a 10:9 ratio. 2️⃣ Use it for trading These extra funds let you scale your strategies with less risk. Example: A successful FT trade brings you a $8.50 profit. This money will be allocated as follows: 💰 $4.47 goes to your real funds (10/19) 💸 $4.03 goes to your bonus funds (9/19) The same ratio applies to losses, reducing the impact on your capital. 3️⃣ Earn a reward Each bonus comes with a trading task where you need to reach a specific trading amount with FT/FL trades. Once you meet the target, a withdrawable reward will be credited to your account. 🔗Click here to register 👉 https://olymp.gl/BuOqg ⚡️ @olymptradersignal

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Why corrections are good ⚖️They prevent trends from getting too wild and help the market stabilize. 💰They offer new entry points for traders who missed the initial price movement. 💸 How can you profit from a correction? For instance, if the price moves from $100 to $120 and then drops to $108, this 10% correction creates a fresh buying opportunity if the uptrend is likely to resume. Real example: On April 2, new measures affecting global trade were introduced, causing a sharp downturn in stock markets worldwide. In response, the S&P 500 dropped by 4.84% on April 3 and then by another 5.97% on April 4, totaling a 10% drop from 5,525 in just two days. By April 10, the asset corrected to 5,494. Traders jumped on the opportunity to buy at a lower price so they could profit when the market rebounds. Do you think you can spot a market correction now? 👍 100% 🔥 Maybe 🤩 Not sure 🔗Link to register 👉 https://olymp.gl/BuOqg 📨@olymptradersignal

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Why FT? ✔️ A successful FT trade gives you a fixed payout at a set expiry. ✔️ Choose the asset, trade duration and price direction. ✔️ Profitability of up to 93%. 📌 Example: - Asia Composite Index (with 85% profitability) - Trade amount: $10 - Trade duration: 1 minute If your forecast is correct, you’ll get $18.50 in 1 minute (your $10 + $8.50 profit). 🚀Taking it to the next level? Trade on Quickler! - Trades last 5 seconds. - You can make multiple trades within just 1 minute. Expert tips: 💡Match your trade duration to 3x the candle timeframe for a better sync between analysis and payout, e.g., choose a 1-minute duration for a 20-second timeframe. 💡Even at high speed, your trade amount should stay within 2% to 5% of your account balance. Ready for this challenge? 🤩 No, I need faster WiFi 👍 Looks cool, but I’m not sure 🔥 Definitely! 🔗Link to register 👉 https://olymp.gl/BuOqg 📨@olymptradersignal

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Let’s use a car ride analogy to understand them better. Indicators = Your GPS 📍 They help you see the bigger picture, guiding you throughout your journey. Example: Bollinger Bands show whether the market is trending and help you stay on the right path. ✔️ Price near the upper band? Overbought, possible pullback. ✔️ Near the lower band? Oversold, potential rebound. Oscillators = Your speedometer ⏱️ They measure momentum, signaling whether you’re moving too fast or too slow. Example: The Stochastic Oscillator signals when an asset is “overbought” (speeding) or “oversold” (slowing down). ✔️ Above 80 → Overbought, possible slowdown. ✔️ Below 20 → Oversold, possible rebound. Why use both? Imagine driving with only a GPS but no speedometer — you’d know where you’re going but not how fast you’re moving. Combine both tools to make more informed trading decisions. 🔗Link to register 👉 https://olymp.gl/BuOqg 📨@olymptradersignal

📌 Choose Simple Assets If you are just starting your trading journey, then it is better to choose more predictable currency pairs such as EUR/USD. 📌 Do Not Open Many Trades at the Same Time It is better to conduct high-quality analytics and open one trade that will bring you profit than to open many trades and take a loss. 📌 Use the Trailing Stop Loss Order It is available to all Olymp Traders. When the price goes up, Stop Loss will automatically change its position by the corresponding number of points. If the asset moves down, then it will stumble upon an updated level, and the losses will be cut to some extent. Management and discipline in trading allow a trader to avoid mistakes and open more profitable trades. 🔗Link to register 👉 https://olymp.gl/BuOqg 📨@olymptradersignal