Nice breakout to the upside on the monthly and weekly here We want to see that follow thru over the rest of the week I am looking at some monthly calls at $16 for November New James Bond October 8th you already know I will be there
Let's do it fast and simple. We see an up trend, a trend line, bullish momentum, bullish candles with big bodies. As they say, go with a trend. Do not fight with trend. Buy when price touches the trend line. But where do you put your TP? It's simple. You turn to 5 min time frame. There you can see a bullish flag. What's our first TP when price breaks the flag? Top...
As of now, we can see a reverse head and shoulders pattern forming. If we get a close about 0.90000, our "James Bond Zone", and above the left shoulder, then all signs would point to a strong buy. Conversely, if we close below the 0.90000 (James Bond Zone) and below the left shoulder then we'd be set for a sell, at least to 0.89850 . Fundamentally, we are in...