After forming a triple top at the upper trendline GOOGL went on a quick move to the downside and could now be consolidating before a further move. With the divergences present and candlesticks showing high amounts of selling pressure its possible that it will continue to the downside. The lower horizontal lines are levels of support to keep and eye out for or...
Just broke this pair down in my Live Trading Room. After looking at the LLLC of the triple top highs, our traders were gearing up for a potential 2618/Kiss of Death trading opportunity. As we dug a little deeper into things we noticed that if we got the retracement back into previous structure then that 2618/KOD would be bet with a bearish bat which could be used...
There is noticeable difference between a BITFINEX and a BITSTAMP 4h chart. Bitfinex: triple top is flat wave 1 does not overlap wave 4 (blending the 2 exchanges price does not overlap therefore, I consider this a valid 5 wave count) see user chessnut's 4h BITSTAMP chart linked in related ideas below Divergences on RSI and Stochastic suggests the bullish...
3 SIGNAL FOR SELL THAT IN CHART EXPLAINED. PLEAS READ TILL UNDERESTAND. THANK YOU.
#NFLX #NETFLIX Short Idea (Head & Shoulders/Triple Top) Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
$TEVA is coming strong into a resistance zone just before its earnings. Triple top and a re-test of broken uptrend line will stand in its way and may be a good reason to try and short it. Bulls? Breakout? Wait to confirm before you enter. Notice volume.