Weekly charts represents series of data points where each data point is comprised of the price movement for a single week of trading.
This chart type has been used for a long time by traders and typically applicable for long-term trading.
Epsilon Energy Ltd. engages in the development and exploitation of natural gas reserves in the Marcellus shale of northeast Pennsylvania. It operates through the following business segments: Upstream, Gas Gathering and Canada. The Upstream segment includes acquisition, development and production of primarily natural gas reserves on properties within the United...
My more likely scenario is bullish:
The weekly chart is bullish
Trendline and support coming on daily
The monthly chart is bullish
RSI is has cleared overbought conditions but also has room to fall
we get the impulsive Trendline break
We currently have Bearish engulfing on daily
A good trade that I can see...
6/Sep/2019 10:27 AM
Breaking out of multi month darvas box here.
Long timeframe idea. No price projections but one could use fib extensions to generate some if desired.
Stop is half way of the range we are breaking out of.
9/Sep/2019 09:52 AM
Idea only, no position. Has been a very weak name, no reason to be long unless a fundamental narrative supporting the technical setup.
Targets based on fibs.
Take it level by level. If RSI can get above and hold the 50 level would be very constructive.
We are looking weak and bearish with ETH still, even after a small stop hunt yesterday. Very important that supports hold but looking unlikely at the moment.
Possible targets look at around that 158 range.
Wait for closure.
The weekly chart on LTCBTC looks very bullish! The past two weekly candles were a battle between bulls and bears but finally finished in green so we may have high price this week for LTC, and RSI looks bullish as a strong signal.
Your thoughts are welcome.
Hovnanian Enterprises, Inc. is a homebuilding company, which engages in the design, construct, market, and sell single-family attached town homes and condominiums, urban infill, and planned residential developments. It operates through the following segments: Homebuilding Operation, Financial Services, and Corporate. The Homebuilding Operation segment consists of...
We seen over the week, a quick tap towards 11K, rejected and back down into the 10,500 regions. This is a really interesting region and it has failed to break out over and not broke below. Seemed to be camping in this region for a while.
I'd wait for going long for resistance flip to support. Likewise, short I'd wait for support breakdown.
Yesterday in our VIP channel I posted a trade based on Daily chart, I was looking at daily Double bottom pattern to playout & we had a good entry. I give out 10 Targets with our signal & 9 already done. t.me
Stoploss is moved to breakeven & we are risk-free.
As for rest of you, you may get one more...
W close to watch !
Still bullish on 3D and W
-W RSI pennant
-W inverted hammer
-3D bullish swallowing candle
-3D bullish RSI divergence
Past week opening was 10k1, this is the first level to hold, where we can also find POC (volume profile Point of Control) since early july to now
This week opening was 9750, it's the second level to hold in order to preserve the...