masud786
Long

EBAY BULLISH RANGE MOVE

NASDAQ:EBAY   EBAY INC. - COMMON STOCK
notice that we are NOT using candlesticks , but rather Heiken Ashi. Heiken Ashi is very similar to the regular japanese candlesticks , but it fills in the gabs that are missing with the movement. ie if it was a bearish gap, there will be a bearish candlestick . This makes it MUCH easier to visually look at charts, as well as predict reversal candlestick patterns ( engulfing , piercing, hammer , ect.).

Remember that on top of everything i write after this sentence, you should wait for some sort of conformation such as a candlestick pattern on H1, H4, or D1 to enter this trade.

EBAY             has been ranging for quite some time now and it's at the bouncing point again (or at least close to it). I predict that the best entry would be the 50-52 area, as they are pretty good psychological & supply zone area.

You'll also notice that if we do the fibonacci, it shows that the price just passed the 61.8% area, but now past the .764 area. So that that's another possible indication of a good buy.

You will also notice that on the beginning of march, the price BROKE OUT of the range, but shot back down again later, which i DO find quite odd. Only thing i can get from that right now is that it's doing a retrace, although i wouldn't have wanted that retrace to be back inside the range.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out