Lower highs, couldn’t break 3921 Staying the in the range of the bearish wedge look at the related ideas for reference
Is spy breaking down from the trailing resistance line like I charted? Are we going to close under 383.70 ?
-currently forming a bearish rising wedge -lower highs in supply zone from 385-393 - ultimately bearish since FOMC is 7/26-7/27 and J. Powell was considering another 75 BPS hike -looking for a reject at 385 to then come down to retest 373 again -crossover of the 20/50 SMA at 10:30 July 14-15 on the 4HR chart IF SPY pushes above trailing resistance line from...
As we seen BTC drop from 40k > 30k from April to May, then the next leg 30k > 20/19k. we seen consolidation and a retest of the 200 SMA, which BTC is currently forming. I think in the next coming weeks we will form our 4th leg down to about 12/13k level. But we will see always trade your own plan!
-holding above 20 SMA at ~282.70 -building up a flag -gap to fill at 285.65
TSLA bear flag on 2hr chart, this could play out in the coming weeks, already lots of consolidation around 620-750 range
looks like falling wedge, want to see if we can hold up 178 and consolidate upwards leading to a bullish break out
clean set up, pretty self explanatory, looking to take some SPY $420 calls with 2week exp