DIsney showing a modest downside MACD divergence on daily charts. MACD indicates price should be $130 ish gonna try a few June 21 , 2019 130 puts trading between .16 and .17. 15 minute MACD diverging down nicely too.
Longing ETH/USD - Potential Double bottom marked with red double arrows at approx 236ish > entry buy short term accumulation 242-244 range
With the action on the last week, this is being run with a very tight stop below said double bottom. 1st Target 255 at which point trailing stop will be moved up to Break Even, and will consider adding to said position...
As an exercise of basic trading, I could identify double bottom pattern in Esteé Lauder Company Inc' shares. As we can see, after the double bottom, shares continued in a bullish trend line until May 16th.
Is anybody into precious metals? I am. I have been for years. I just put on some SLV today. The double bottom on the weekly and the falling wedge looks like it's time to go long. Normally I may not even bother because it has been such a slow mover for quite some time but as the stock markets continue to deteriorate and crypto continues to climb I think it is...
Going to keep this one short. Previous analysis played out nicely, where i showed a nice wedge few weeks ago which was the start of that big rally. Made a small bull flag and continued to move up 0.37 to the 0.48 high.
In the middle we can see that the green support held and there is a potential low set here. The volume and the bounce up were quite big, so...
Clean formation of a double bottom. Previous trend accompanying the pattern and trend reversal as well. In this case, RSI divergence was used for reversal confirmation. The price reached the profit-take spot; however, it found great resistance that could not break at first.
CL1! has completed the stretch price objective for a channel breakdown at 1.382x. This price objective also ties in with an ABCD completion from the Apr peak.
You can see CL1! has formed a double bottom on high volumes and price action has broken a new SSR level on the upside.
Normally on a breakdown or break-up, we would expect to see a retest of the previous...
I am currently in a LONG position for AUDUSD and believe it is going to be a double bottom trade. It is on a support level and with the stop loss just below that, its worth taking for a very good reward potential. In addition, with the wick filled in and the 4H ending in an indecision after such a long sell off, It is time for the bulls to buy in.
This pair seems to have formed a double bottom which could be indication for a long position.Wouldn’t be surprised if this shot up for some good pips.
Quote:’I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game’s winning shot and missed. I’ve failed over and...