My trading plan is very simple.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone near bottom of channels
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $170
Target is moving average at $185
Looking to catch a quick bounce this week.
Will be buying as low as $167.
Set your own stop.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone near bottom of channels
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $170
Target is moving average at $185
Looking to catch a quick bounce this week.
Will be buying as low as $167.
Set your own stop.
Trade closed: target reached
Price turned at 2HR channel. Closing position at $182 with $12/share profit. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.