Mtb on the edge

33 2 1
One of my favorites technique is trading rectangles. What i really like is to find a Stock that is on the resistance of the price and at the same time in the resistance of time. What I do is multiply the distance in days between the first two tops in the rectangle by the fibonacci proportions. This gives me the next inflections days in the future. As we can see in the MTb             , the distance is 12 days between the first top and the next one. 12 X 1,38 = 16 ,56 days. And we found a bottom . 12 x2 = 24 we found other bottom... 12 X 2,38 we have 28,96.. 29... we found a top... the next inflection point will be 4 days from now... this allow me a sell in the break below the low of the last bar. stop above it. target 121.00
Finishing my MTB Short trade!!! good profit.
Nice going
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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