Hello beautiful people, hope you're enjoying the weekend! Today I joined my wife on a walk in support of Alzheimer's disease, which is affecting my grandma, bless her soul. Now! Lets jump into ETN and see what these charts are telling us. As many of you know by now I am a swing trader. I am looking at profitable entry/exit scenarios. My last chart displayed a descending wedge, and on September 13th, we broke upward with a 17 point move, 51.52% profit. These are some of the moves I look for and share with my VIPs. Ok, so that's in the past and I'm sure you guys are not here to read up on past event's but rather get an understanding of whats to come. Let's jump into that.
Inverse H&S: In case you missed out on the recent breakout of a 51.52% profit, which was nice but only a test run for whats to come. The next confirmation I'm looking for is an inverse H&S before a 80.49% profit breakout. This pattern should form in the next week or 2. The entry is 41 sats. Risk management - exit the call at 17% - 18% (34 - 33 sats).
This is not investment advice. This is purely for entertainment and educational purposes.
Awareness618
Inverse H&S: In case you missed out on the recent breakout of a 51.52% profit, which was nice but only a test run for whats to come. The next confirmation I'm looking for is an inverse H&S before a 80.49% profit breakout. This pattern should form in the next week or 2. The entry is 41 sats. Risk management - exit the call at 17% - 18% (34 - 33 sats).
This is not investment advice. This is purely for entertainment and educational purposes.
Awareness618
Trade active:
This might not be so obvious but to add a level on this trade, buy under 41 sats and sell in the green. Looks like ETN is flooding above 40 sats... This could be the bottom!
Trade closed manually
