I really like the looks of this setup. This is exactly the type of entry I like to see. A strong move into my entry with very little basing. The cleaner the move into entry, the easier time price will have of leaving the area. The only downside to this setup is that price tested the level already. I prefer fresh areas, however, since the test does not exceed 25%...
There are two probable scenarios in my opinion, but I would look at selling my trade at an earlier support level, also I would be looking at which is the real resistance level. See the full newsletter here: forum.marketstockoptions.com
Two Potential Cypher Completion with ABCD Pattern good Risk to reward if take the second one i personally looking for the big one
Shares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products. It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company,...
Two scenarios: start correction from end of the ABCD pattern or, if lower trend line downward channel hold, the descent to the level of 1.25 (fibo level) and from there upward correction.
Two scenarios out of the triangle. No response to the sanctions and the statement of the President of the ECB favors line-up.