See my recent post on the lower time frame for further analysis Price was rejected at multiple fib extensions after completing two harmonic AB=CD patterns. We now have a break of two channels, multiple structure levels, and clear divergence. These all provide valid reasons to consider short entries. Market is still considered bullish, so short entries should...
Gap was filled today. I am considering shorts, but remember: the current bullish trend remains valid until it is broken Initial analysis: Long target was reached so I looked to short back into the gap for the reasoned mentioned in the green callouts: If you like my analysis then please drop a :agree:
Market buy. See chart. Post your comments, questions, and analysis below.
Here we have a textbook Jack O’ Lantern pattern with SEVEN teeth which strongly confirms the validity of this setup. This is a once in a lifetime chance to trade a rare pattern which usually only forms during the fall season, so don’t miss this opportunity! How do you usually trade the Jack O’ Lantern pattern? Let me know in the comments below!
See chart. I was active before But I began posting this idea,so unfortunately you may get worse entries if you follow this trade
While I remain bearish on SPY in the long term, today I purchased calls at market open today while a lot of other traders that I know shorted the market. Additionally, I see a lot of SPY short ideas on the ideas page right now despite the fact that price is clearly making a bullish correction to the upside within in a rising channel . I want to share my...
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See callouts
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Reposting previous idea with more information in order to provide a more transparent perspective.
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