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Reposting this since TV removed this idea earlier for containing links to my telegram group.
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from ...
GMMA Bullish. Price is breaking the triangle.
Long term buy setup at monthly demand level around 54.83. Clear big picture long term long bias at areas of demand
Bullish Harami on trending support line. Long positions could be activated.
Description on chart.
Idea on chart. simple
Trendline support was broken.
Now the price is making a pullback to the broken trend.
Risk trade to sell closer to trendline.
Less risky to sell on break of the first trigger.
Looking for medium term upside potential with this stock. Join me at fxhronicles.com
This may be worth watching if you are looking at a trend continuation / bullish entry into ZTS.
Price is also a potential support trendline.
DYOR as always
Ideally like to buy on a PB. Could potentially breakout and run. Monitor the Sector with the Stock.
ZTS - I am looking for this to breakout to the upside. This is just a standard Squeeze.