When looking at OMU using the 15min, 4H and 1D charts you can tell that when it broke its resistance it meant business. Tradingview has many analysis that carefully point this out. We want to look at the W chart. Yup! The chart where one candle is an entire week. That one!
Since we are all about grand perspective, we'll be following this over time and using it...
Thoughts on a bullish move on HoneyWell? was looking to get in around 145, $145 call, Long, July 17. Breakout maybe, I've been hearing a lot about Honeywell lately with the quantum computing and such. Thoughts?
The four recent peaks fit perfectly into a fibonacci timeline in a downward channel.
Hypothesis: price will continue in the downward channel, or it could breakout during the 4th fibonacci peak intersection.
I think there will be a break out to the upside for the GBP against the CAD.
around the 2.05 mark there was once resistance which is now kind of a support area. There is a big pair of tweezer bottom candles on the 12th and 13th January.
there is a long trend up - and some consolidation around the 2.06 point where I entered.
Price forming into the point of a...
Welcome back, traders. It’s Wednesday and we have another edition of “Thoughts about Bat pattern”. Today we’ll discuss some specific way of trading BATS. I call it BBS.
What does this abbreviation mean? It stands for Back to Back Setup. I was first discovered by me when I was backtesting Gartleys. I have noticed one interesting thing. Sometimes gartleys appear...
