beandip11

beandip11

Does history repeat or will this time be different. Watching to see how we react at the retest of the red line this time. The daily gap left above makes me feel like is could want to fill.

beandip11

FB seems to be trying to bounce at the low if previous months close (purple) I will look to enter long on a push up towards the .50 of previous month (yellow)

beandip11

Price is trading inside previous weeks rang (orange lines) Then closed Friday with an inside day. Will be looking to day trade this next week with a break about above or below Friday range (black lines) Outside bar (3) followed by an inside bar (1) is a powerful pattern. Bulls and bears are trapped, followed by tight consolidation. This means price decay on...

beandip11

Price is consolidating inside previous months range. Also within previous weeks rang. Is also sitting on the .618 of monthly high low pivot range. Watching for a break out of weekly consolidation.

beandip11

I'm skeptical of how this will play out because of the big red candle at the top of the monthly. Looking from afar it does seem price has climbed very high since march. So I guess this would be best case scenario. We shall see.

beandip11

Looking to hold to the 127 area. Will trail stop after securing 2.5R, as there is a big gap to fill up to the 127. Based on Fib and candlestick pattern.

beandip11

if we close in gold zone and all signs point to a continued uptrend, I will look to get in long to the 127 area, with a stop around the 2 area