Bullish set up on Fastly
We have a huge gap to fill and a megaphone pattern.
Let's see if we can go fill that gap and move towards the top of the megaphone.
Megaphone pattern
Reversal candle at bottom line
Entry 36
Stop 33
Target 50
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So, Corona is on everyone's lips but how long will it keep the raging bulls from taking charge?
Any signs of, mitigation measures against the pandemic will provide massive reprieve for the fallen giant DOW Jones!
It may as well have begun....
The image above shows a classic MEGAPHONE in a bullish trend, We have just jumped out of the bear trap, cannot say it's...
Looks like NEO ( BINANCE:NEOUSD ) will retest the previous support, between $4.5 and $7.5 (look at Red box), completing the bearish megaphone, and if the bearish megaphone breaks to the lower side, then it will retest the previous support below that, of $1.89.
Do you agree?
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Good luck
S&P 500 Index
Mega phone pattern formation
Currently price is around resistance trend line of Megaphone on weekly time frame,,
RSI bearish divergence :- Price is making higher high and RSI is making lower high,,
Time cycle :- Index is making peaks and lows as regular interval of 36 weekly bars,,,
History :- After every bull phase index tends to fall below the...
I ussually don't do such short analysys, but today i think we will close around that number. Let's see... On the wider timeframe BTC is in a formation of "megaphone", i belive. Inside that it has broke out of the symetrical triangle and succsessfully retested a breakout. It is now in formation of a bullflag, which will take us hopefully to mentioned number. Sorry...
Seems like the current S&P market level is seeing the resolution of the megaphone pattern to the downside.
The break below the 3 point was the indication that the pattern is resolving to the short side and heading toward the targets indicated on the chart.
Something I'm not sure of is the bounce in late September; could this have negated this pattern?
Thoughts, comments?
Hello traders and analysts,
Here is update to our outlook previous ideas posted below.
We have our confirmations - everything aligns - is the election the trigger?
or will we overextend?
We are holding sells - let's see how long this can go for.
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Swing trade out looks
10 years combined experience in...
Love how you can go back in Tradingview and review your ideas to see how they worked out.
Lets see how this one goes. Inside week for AMD. I'm thinking NEXT week we may break THIS week's high and continue up to the top of the "megaphone."
Cipla spot cmp 745
760 to 790 good range to go short
view gets negated above 820 levels on closing basis..
More details on charts of patterns and trend.
This is the general clashing of the trends I'm seeing; which is causing extreme volatility. The megaphone, horn effect on the prices is an indication that the bear trend is stronger. It's going to pull us into the new trend's channel.
We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region.
I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion.
feel free to...
