Saf_h

Saf_h

Hi guys, Jumping right in...... Draftkings on the weekly is looking extremely bullish and i am currently in this trade (daily timeframe). When there are bullish signs on larger timeframes, the moves tend to last a bit longer but can have massive profits. As you can see we broke out of an ascending triangle that's been forming since November'20. If you measure...

Saf_h

hi guys, So my ascending triangle play is in action. (PLEASE SEE BELOW FOR LINK TO THAT) My opinion on the price action is that we are still going towards the neon green line which i believe to be heavy resistance as shown if you look left on previous higher high. I believe before we can move past the Green Neon resistance / target zone we need to: 1. Fill gap...

Saf_h

Hi Guys, I enjoy posting ideas as its a great way to express the things ive been learning and to get other peoples perspectives. Great way to spin the cycle of learning through each other. So first things first. We've been trending up an Ascending Triangle pattern since Nov. 2nd after creating a new High on the Daily Timeframe. Currently we are in a middle of a...

Saf_h

Hi Guys, So a follow up on NKLA this time on the 4hr after todays close. Things are starting to get interesting. Todays trading day was insane with alot of back and forth. Eventually price action heading down to 18.70 level before being wicked up. As you can see the price target below 19.10 was bought up due to it being in the Golden Ratio Zone at .618 FIB....

Saf_h

Hi guys, So I've noticed this Descending triangle since about late December. Currently with NKLA recent uptrend, its currently battling with this descending resistance trendline. The downtrend began after its blow off top in June 2020. Normally descending triangles are bearish continuation patterns. But sometimes it can act at a reversal pattern if it breaks the...

Saf_h

Hi Guys, So BTNX been extremely bullish for obvious reasons pertaining to its MRNA tech and obvious Pandemic. But lets stick strictly to TA which i enjoy more than news and such. I believe we are currently in Wave 5 of the Elliot Impulse Wave. Along with this idea, you can see the uptrend has been intact (Trendline). I have also added a 21 EMA which if price...

Saf_h

Hi guys. First time posting. Ascending triangle observed on the Daily timeframe on TRXUSD. Base formed during last capitulation in March. Been observing this for about a month now. I think we are getting close to a move whether upwards or downwards, still hard to tell. Fingers crossed that volume stops decreasing for fear of pattern breaking downwards and...