Based on the example explained in the Tradingview Wiki for Spread Charts (www.tradingview.com).
Pairs trading involves trading two separate instruments simultaneously in order to execute a single trade.
Pairs trading is a popular way to alleviate some of the risk of trading. The idea is that you find two highly correlated symbols (or...
This stock have been bouncing of the SMA200 several times. Great enter now for a long-term long trade.
As always. Target is floating and not set. If the trade is successful, I will close once it hit's SMA200 again. re-enter if it holds.
Historically, a selloff occurs right after dividends are collected. Prime example would be last time. Price gapped up after a good earnings report but investors realized it was over bought and buried it after they made money on dividends.
As well as the bearish head & shoulders