From this day forward this pattern shall be known as "The Golden Goose" A golden time is before us. While BTC.D is back at all time lows forming the double bottom of the century, the ducks will fly.... but do not look to the fowl sky for long look to the nest where the golden goose lies
We have been eyeing the bullish inverse head and shoulders that has been developing and we finally got our break today... onwards and upwards
Been waiting ages for a break on this ETF... its just looking more and more bullish. I think we can see an explosion higher when 19.15 eventually breaks targeting 19.80. Been building a position while it has been consolidating
I've been liking this ETF for a while - weekly set up very bullish with inverse h&s and bull flag. The move higher was initially very aggressive and I used it as an opportunity to take some profits. This pull back to the trend line is exactly what I have been waiting (&hoping for). Will use as an opportunity to keep averaging in
It was disappointing that the 21.90 lateral support didnt hold, but I held onto my positions as the significant weekly 20.80 support was still in tact. As long as we remain above 20.80 the set-up remains bullish and could potentially be building up to form an inverse head and shoulder which will be confirmed with a break above 23.50. I continue to hold
Taking some profits here as we hit resistance. Will looking to start accumulating again if/when we re-test 31. I was overweight the ETF ahead of the divi so happy to go slightly underweight here
Beautiful bullish inverse head and shoulders developing - I am continuing to add to my long position. Will only be confirmed with a break above the NL but I am happy at current levels
We identified a bullish weekly candle in early march and started to average into the portfolios. This combined with bullish RSI divergence from oversold indicators has played out well so far (combined with some nice dividends in the interim). They are also acting as a nice hedge as I had hoped. Looking for 39 to start banking some profits
Continues to look poorly following my analysis a month ago (I sold all my holdings then). It is currently sitting on support and needs to bounce here otherwise I fear it will go a lot lower. (my hope so I can buy back in)
Technically the ETF is still consolidating within a continuation rectangle between 22 and 23.50 = bullish for holders. I will only look to cut my holdings below 22. One can look to add above 23.50, or wait for bottom of the rectangle hoping the support will hold? or potentially we also see a bounce here off the bottom of the channel. I am happy to continue...
Significant break lower which will be confirmed on a daily close. If it cannot regain the support level, 43 will be the next region to look for support. Only about 3% of my ISA but will potentially look to cut this afternoon if we don't see a bounce.
Bullish developments continue following inverse H&S break. Needs to stay above 24.50
Already long as per previous posts. Will add to my holdings on an upward break
Double support (Megaphone backtest & upward sloping) + bullish RSI divergence
In February I highlighted the bearish RSI divergence and said I would like to accumulate around 25. Frustratingly I was too impulsive and started averaging in too soon. This ETF is now at a make or break level on the weekly - either we get a successful bounce and re-test of the neckline here OR it was a false break higher that sucked in the bulls (like me). Time...
In hindsight I went underweight too soon on my ISA holdings, but still hoping we go back to the red support to start accumulating again.
I identified the similar bull flag pattern on VHYL and VGER and I started buying in around 22 (red zone) in anticipation that VAPX would follow suit. So far so good and we have got our confirmed break and re-test. I will use this confirmation to add to my position further - targeting 24.18
The ETF has come back to test its bull flag break as I had hoped. I will use this pullback to add to my current position.