RE: SEC S19W4 || Mastering the Sharkfin Model for Trading
| Criteria | Remark |
|---|---|
| Verified user | ✅ |
| #steemexclusive | ✅ |
| Free of Plagiarism | ✅ |
| AI Article | ✅ Original (Human text!) |
| #Club | club75 |
| Bot free | ✅ |
Comment/Recommendation
You have clearly outlined the key characteristics and how it can be identified on a price chart. Your detailed description of its visual traits and usage in trading makes it easy for readers to grasp the concept.
Your explanation of how RSI can be used to identify Sharkfin patterns is very thorough. Including the historical background and real-world examples helps in understanding the practical application of this indicator in conjunction with the Sharkfin model.
Your description of the trade entry criteria using the Sharkfin model for the Steem token is well-explained. The step-by-step approach and use of real chart examples provide clear guidance on how to enter trades based on this model.
Your explanation of the trade exit criteria is comprehensive and practical. You have covered various scenarios and signals that indicate when to exit a trade, which is crucial for effective risk management.
Your detailed example of a transaction based on the Sharkfin model is excellent. Using real charts and historical data makes your explanation practical and relatable. The inclusion of risk management strategies such as setting stop-loss and target profit levels enhances the quality of the example.
Overall, this is a very well-constructed homework post. Your explanations are detailed and clear, making complex concepts accessible. The practical examples and historical data add significant value, and your emphasis on risk management is commendable. Great work!
Total| 9/10
Thanks, Professor @kouba01.