Overall the trend has been in retracement territory as all indicators continue to shoot red with the compression of dojis starting to pull.
I've been bearish on boeing and I have no interest in creating a long position as of now.
For now... I sold the top.
Wait for confirmation.
💰 LET'S GET INTO SOME BOEING ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- We want to take in consideration that the overall longterm support is now broken.
- We have a red engulfing candle below our average to validate further confirmation of the Crossover strategy.
- All 3...
💰 We are currently getting price compression on a support and Resistance squeeze, this is good for a longterm play.
You will want to play the breakout. Break top red you go long.
Break bottom green you go short.
Line up the ema dots and the Crossover strategy for buy in. Preferably you want to find an engulfing candle to breach the levels drawn. Use breakout...