The vertical lines describe the daily time line better for forecast the future price, however I think we need more candles to assure that what is going to happen next.
In my opinion, the price is at the end of the wedge right now and there could be a possible bullish position hiding in the bottom again scene we’re at the bottom price at all time.
What do you think?
USB is a pretty good bank with a consistent dividend payments.
Now the USB brokeout of an inverse H&S pattern.
This is just my opinion. Do research before investing.
USB is showing resistance at around 38 and support at around 28... Keep an eye on which direction it moves
Disclaimer: This is not an advice to buy or sell
First off, please don't take anything I say seriously or as financial advice. This is on opinion basis as always. That being said, let me get into a few of my key points. Bancorp has long potential, not many are disputing that. However, currently as a short term trade, I would suggest doing a sell-off at $35.47 as a negative retracement or bearish run seems...
Existing Condition:
1. in 60 min, down trendline break by breakaway Gap (G1)
2. Formed V reversal pattern
Entry at demand zone: 33
Stop below this zone: 30
Target1: 38; risk/reward=1:1.5
Target2: 46, risk/reward=1:4
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo...
Hi, today we are going to talk about U.S. Bank and its current landscape.
As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture.
The...
