* Remember to support with LIKE and FOLLOW me for more analysis *
XP Inc. is a Brazilian company, and the largest brokerage firm in Latin America. Today, it did a Harami/Hammer candlestick pattern at the 21 ema, with a good volume. We also see a chart pattern called Eve & Adam Double Bottom, a bullish one, that could take the prices back to U$ 40.
At the hourly chart, you may say it is just a pullback of a bearish trend, and the 21 ema could be a resistance, and I agree with you, so we should be careful here.
Let’s see the 1H chart:
But remember, the price respected the downward trendline as a support (pink line) and the previous bottom, also as a support (red line), there’re reasons to be optimistic. The stop loss of this operation is under U$ 21.50.
Tomorrow we will have our confirmation.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
XP Inc. is a Brazilian company, and the largest brokerage firm in Latin America. Today, it did a Harami/Hammer candlestick pattern at the 21 ema, with a good volume. We also see a chart pattern called Eve & Adam Double Bottom, a bullish one, that could take the prices back to U$ 40.
At the hourly chart, you may say it is just a pullback of a bearish trend, and the 21 ema could be a resistance, and I agree with you, so we should be careful here.
Let’s see the 1H chart:
But remember, the price respected the downward trendline as a support (pink line) and the previous bottom, also as a support (red line), there’re reasons to be optimistic. The stop loss of this operation is under U$ 21.50.
Tomorrow we will have our confirmation.
* LIKE this idea and FOLLOW me, because:
- Here, you will see clean charts;
- Trades with clear risk management;
- The best of Dow Theory, Price Action and Candlestick psychology;
- Chart patterns with statistics. *
* My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
Trade active:
This trade is still active, and is giving us about 15% profits already. Let's keep our eyes open.
Stay safe!
Stay safe!
Trade closed: target reached:
Ok, today is a good day to book our profits. If you still want to keep your position that's ok, but I'm out now!
That's it guys, 28% profits!
I wish you well.
That's it guys, 28% profits!
I wish you well.
🔴 Only 5% of traders manage to beat the market.
👉 Join the 5%: thefinancehydra.com/
💲💲 Project 5%: + 104%
🔹 S&P500: +35%
💪 Public track record.
👉 Join the 5%: thefinancehydra.com/
💲💲 Project 5%: + 104%
🔹 S&P500: +35%
💪 Public track record.
