If you are long this is the only chart you need. BTC has been in the same Equilibrium Pattern for the last few months. We have had a series of Higher Lows and Lower Highs. The pattern is really beginning to tighten as we get closer and closer to a bullish breakout. Volume from the bears is waning as the pattern tightens. I fully expect a breakout in early to mid ...
Hello my fellow traders, as it looks like it might just break out at any moment let's jump right into this idea. Up top is the 4H BITMEX BXBT chart where we are clearly seeing lower lows (in green) yet the RSI, Stoch and MACD are making higher lows (in green) indicating potential bullish divergence. This pattern is to be traded upon successful close above the ...
Hello traders.
This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on.
I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123.
Hopefully, it will make a ...
After Friday's strong session, SPY has broken above its triangle which suggests a continuation higher towards $286 high's from early Feb. This rally has been on relatively low volume so caution is necessary. Today's Doji candle is concerning but weekly charts look strong. Use options to take bullish bets in this type of markets where options are cheap and you can ...
Strong relative strength in a sector that's got strong relative strength, primed for a bullish breakout to the upside. Targets $300 resistance level which is the 52-week high. Use options to play bullish breakouts to leverage your trade while limiting your risk. Example: Apr 20 270/300 Call Vertical
Intel is a stock with strong relative strength in Tech sector that has strong relative strength. This is a good combination for a bullish breakout to continue higher. Use options to play breakouts with limited risk. Example: Apr 20 50/57.5 Call Vertical @ $248
After rallying 25% from mid Nov, BAC has been consolidating in a bullish triangle, which is healthy after a long rally. BAC is a strong stock in a strong sector AMEX:XLF which suggests a possible breakout higher as interest rates push higher. The best way to play breakouts is using options to limit your risk. Example: BAC Apr 20 32/35 Call Vertical @ $104
Upcoming events later this month- Lobbying with Aviation Authorities ;
Token integeration ;
Pilot and company App public launch.
The price action has entered the maturity phase of consolidation with price unable to breach the support(neon green) level.
A bit ...
Hello Traders,
We recently just got the completion of a bearish Cypher pattern within the consolidation range, which is in the form of a descending triangle. We are getting a better price on the Cypher pattern with reduced risk, which is always good. So the Cypher pattern short trade setup is active now. Also notice that we just got a strong bullish breakout out ...
ZIOP has completed an alternate bat pattern. The pattern completion is confluent with a .886 fib level on a higher TF structure low to structure high. A trendline was broken and retested on 12/22, indication of possible upcoming bullish movement at the PRZ. A second trendline was broken today, which may be an opportunity to catch the breakout toward .382CD. ...
Hello Traders,
We've been getting several flag patterns lately, mostly in Aussie pairs where the base currency is Aussie. So here we have another valid bullish flag pattern on FX:AUDJPY, where we just got a huge breakout to the upside. This type of breakout was mostly due to the 2 high impact news events that came out yesterday (Nov.11.2015) @ 7:30 pm from ...
