For right-angle triangles, I like the horizontal line to touch in at least two places perfectly (as you can see in this example). The closer the lines are, in terms of the value, the greater the validity of the triangle.
To increase the validity, touches need to come one after another. For example: top, bottom, top, bottom, decision. Many times, the...
Not financial advice.
DOGE seems to be making a continuation triangle after breaking out and hitting the target of the larger triangle (zoom out). Fib extensions are targets.
Note: original triangle from DOGE Triangle was slightly adjusted.
Foundation of revenue from long-term fixed contracts provided by the parent company (FANG).
Utilizing FCF to fund five JV's; three of which are paid for and already generating cash. The other two require an additional $79m in Capex before completion.
Additionally utilizing FCF for an 'aggressive' share buyback program.
This should result in 2021 results showing...
Weekly TD count showing us that ltc wants to test 137.
Bitcoin is showing the same.
Time for crypto to resume major uptrend?
I am not a financial adviser. This chart is just for fun. Trading/investing in crypto is very risky. Do so at your own risk.
Long green box; short red box; yellow lines are targets if either box is hit.
If you have any suggestions on how this chart could be improved send me a pm.
If you have any questions regarding the chart, please leave a comment.
I am not a financial adviser, please trade at your own risk.
Big news coming out this Thursday
Yellow lines are long term targets
Lets see what happens, just for fun
Disclaimer: I am not a financial adviser, this post is purely for fun and should not be taken as financial advice. Trade at your own risk.
- Thoughts: waiting for AUD/CAD to come up to the 0.786 fib for short entry
- T/P: next support level - 0.90100
- S/L: above previous resistance - 0.090733
- Risk/Reward: 2.54
Disclaimer: I am not a financial adviser; trade at your own risk
Sometimes, the simplest solution is the best solution.
Great pump after touching the golden ratio after the retrace.
I expect further upside over the next several months.
(This is not financial advice)
I saw a post this morning on a Facebook post suggesting traders long here so I decided to develop my own chart. I find many traders miss out on a critical point of analysis when trading; what is the current trend? Hint: you cannot find the current trend from any time frame below the daily...
My play here would be to short anything below 11, s/l at 12, and a t/p...