A system used to take advantage of assets that are in the middle of an intermediate uptrend or advancing phase. The objective is to find periods of temporary weakness or pauses within a trend that can be used to initiate positions. Positions are held from days to weeks with the goal of accumulation of numerous small profits. Blue Sky breakouts are different from...
This is a nice set up for USDMXN Entry point: 18.89975 Take profit: 18.58529 (314 pips) Stop loss: 18.94975 (50 pips) Please use risk management, this trade is dangerous! Good Luck People!!
So today we saw confirmation of the breakout from previous consolidation. Daily MACD cross, with stochastics confirming breakout as well. Resistance at 0.485 and 0.50 psychological, close above 0.50 is blue sky with good follow through and would most likely lead to a run to 0.60 based off price target from previous tightening equilibrium pattern. Also watch for...
Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on...
Now we use "Trend is your Friend" indicator to check the crap stocks of the year in ASX300, first one is Bluesky which dropped to almost nothing for the year (dropped 94%). The indicator follows the trend so there should be no buy signals for these crap stocks once it starts dropping. This should sell near the peaks to avoid losses, first sell should be just a few...
Worst performer for the year, ASX:Bluesky down 90% from peak this year. This was still profitable if bought during the bull signal generated by BTI on late June 2017, that would have yielded upto 45% gain. See indicator was all red right before it plunged. Message me for your free 7 day trial access.
JUST WAITING FOR CONFIRMATION FROM BLUE SKY DAY INDICATOR.
BLUE SKY PROFITS CONFIRMING SELL ON BTCUSD.
SIRI has had some good times as of late and has built a nice bullish pole pattern with a nice upsloping 50 and 200 SMA. However, it has just rejected from it's (so far) 52w highs at 7.23 so I am cautious... I like to have a roof over my head you could say, with blue skies nobody really knows where the top could be!
MOTS is on an upward trend. This biotech company has only been trading for several months and has started to trend up after testing its support at $4.35. Analyst price targets for long term have MOTS going to as much as $12. If this can break through its high of $7.87 from 12 days ago we could see a blue sky break out. On the 5min chart it is showing a bull flag.
Never been a fan of LTC. One of the only btc clone coins, ahem, "1st generation" cryptos that succeeded past the mt box crash. LTC could've been in the same box as Quark in my eyes. Charlie still talks about script mining like that matters anymore. Oh, the code was tweaked to be mined 4x as fast? Hold on to your genius slippers, guys, lest your socks get knocked...
ETH is moving up toward another blue sky break. Potential double top caused by resistance in the grey area. After passing 75%, either a retracement or sideways bounce before another blue sky attempt. Watching for reversal signs in RSI divergence. Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more...