Price Action and chart pattern short-medium term trading > Rising Triangle Dragon Pattern > Entry @ breakout trend line SMA 200 Indicator: > Bullish RSI crossing MA line above 50 > Rising MACD just below baseline > CMF reversal crossed baseline 0. Short term RR 2:1 Medium-term RR 3:1 Always respect your stoploss
Expected this to be the end of an uptrend ABCXABC. Expect price to retrace back to 4.65.
NER has a very nice trending chart. Currently still BULLISH and UPTREND. FIFT +ve (Strong Bull) with BOD signal TE turning GREEN MCDX strong with 80% Banker's volume... Stop Loss is below 6 (Current price to SL is about 7% Risk).. Looks attractive. Other nice trending SET stocks are...
We are in the second Primary w of a non-standard pattern (abcxabc), where w does not seems to have completed. However; w 's pattern is still unclear There are three possible scenarios w could turn out to be: 1. a non-standard pattern (abcxabc) 2. an impulse wave - 1x wave is more likly 3. a triangle
Giant is awakening, has been sleeping for awhile after making a Hugh climb up. Now, colleting more power to re attempt this time higher. Still lining inside the pricing box. Attempted to reach 61.8% (3.70) MCDX dropped, no action taken, must wait until red bar increases crossing a purple cumulated line. Still in safe mode if runs above 38.2% or above 3.30 or...