Mustangsvt281

Mustangsvt281 Updated 

When BTC surged to touch 49K in the prior move we saw a shooting star candle form with a proceeding downward move. We see the same thing happen on the daily candle close once it hit $53k. We also see bearish divergence on the RSI indicator on the 4hr timeframe. If history is our teacher then a move down should be forecasted in the near term. As you can see from...

Mustangsvt281 Updated 

NASDAQ:NFLX has shown some decent strength recently after an earnings report. It has held the gap below as support and recently broke out of the consolidation. It is also good to point out that it retested the prior high and we can see it is an area of support. Looking to play it safe here and take it long over the $600 whole number!

Mustangsvt281

As you can tell from the chart the uptrend of AMEX:SPY has been intense lately and the ATH break makes this bull hard to fight. This week im looking to take SPY on any higher high made. This would mean a break of $508 would signal a long trade and a break below $500 would lead me to take it short. Trade smart here and maybe stay sized down.

Mustangsvt281 Updated 

NASDAQ:MSFT is showing bearish divergence on the RSI on the daily timeframe. We also see that price action has started to consolidate and the shorter term moving averages starting to curl. The $400 whole number would be a good entry to take MSFT short. Short under $400 on MSFT.

Mustangsvt281 Updated 

I love the gap fill strategy. Its simple and proves to be effective! Here the idea is simple, we are looking to go short under $165 and targeting the shaded area on the chart to be filled.

Mustangsvt281 Updated 

I usually dont like playing the most manipulated pair in forex but here we are! We start on the daily timeframe and we see that the EUR/USD is breaking the downtrend line and the RSI is curling and showing sign of bottoming. WE then go to the 4HR timeframe and our strategy printed a buy signal after the bearish RSI was corrected. For this trade we took an...

Mustangsvt281 Updated 

NASDAQ:AAPL continues to hold strong at the 200ema but a break below $180 would be a good opportunity for a short entry. Alternativity is AAPL bounces once again from this level and breaks the yellow trendline the we can look to take a long position over $185. Bottom Line: Long over $185 Short under $180

Mustangsvt281 Updated 

Pretty simple stuff here, TSLA is looking to fill the gap up to $207. RSI and MACD back the short term bullish narrative!

Mustangsvt281

We see the NASDAQ:PYPL has gapped down after earnings and breaking our upward trendline. It is currently retesting that trendline as resistance and if rejected this name can be taken short under $55. Its also notable to mention that the moving averages have crossed signaling downward momentum.

Mustangsvt281 Updated 

The strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of...