- End of the monthly cycle (23/26 bars);
- End of the weekly bearish cycle (5/6 bars);
- Potential hidden bullish divergence on RSI(5);
- Potential hidden bullish divergence on StochRSI(14 14 3 3);
- Daily harami bullish (similar to an inverted hammer);
- Daily signature and weekly close confirmation on ex HCR (19/02/18);
- Final Target 2.825/2.826 (monthly HCR).
Hello Traders!
The very interesting situation in the S&P500 index (ES). Suppose, that the market can take a form of Horizontal Triangle (EWA/EWP HT 3-3-3-3-3) So, we will try to buy near 1-st Strong Buyer's Support and take long position at the price 1871.00 (863 843 lots). The price target - 2089.00, our hedging risk T/P - 2035.00, S/L - 1870.00 (Of course S/L ...
One of the quicker, catch-you-on-the-wrong-side type of trades out there.
Technicals look ripe for this scenario to play out.
Red Line is "Unsustainable" Trend support. (Nothing like in January though)
Blue Line is "Return to Mean" Trend support.
Horizontal Black Line is "Middle-of-Range" support.
Thick falling and horizontal black lines are prior descending ...
When I recently mentioned that I largely didn't use a chart when scalping /ES, I got a bunch of queer looks out of people. "I just use TICK," I explain. "You know, TICK?" (NYSE Cumulative TICK). More puzzled looks. There's a lengthy Investopedia definition of the thing, so I won't bore you with those details; I'll just explain how I use it. (Note: I use the ...
Listen guys I don't say this often but I feel like there is a very high chance that indexes and stocks are about to do 3% up. Could be Tomorrow, could be Thursday, could be Friday. Could be after 3% down. Work your system and Buy That Dip with assurance that odds in life don't get any better than this. If you have any questions on my feelings here please PM. ...
WOW - Another Bulls-Eye feature from TradingView!
Here's my first recording with the ES on the chart.
Check it out if it works and don't forget to grab your
Happy TNXGVNG & P!
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