Possible scenario. For now trend is clear - if red channel is broken, we will witness significant retracement.
Sorry guys - no point in looking for optimism here.
Breakout with confirmation suggest possible move to the upside
Never expect guaranteed result's - it's always speculation. 1. Risk management, 2. Strategy, 3. Execution.
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Hey boys - don't get here over enthusiastic. Double top - Clear trend reversal if confirmed.
Let's wait for further price development. Possible double bottom.
If this indicates megaphone, then it's time to state loud and clearly - it's moon time ... soon. lol (Honestly - don't listen to me)
After reading series of books on trading I find that realistically (other than EMA/SMA) none of the indicators give us significant enough leverage to place trades with confident levels. I still like the ADX. Stochastics and RSI as both directional and volume indicators. Buying APPL in here is nothing short of madness. Just compare this chart to BTC from late 2017....
Regular divergence is the classic sense of divergence that occurs when the price action makes higher highs or lower lows while the oscillating indicator does not. This indicates a weakness in the price action and anearly warning that the trend could be coming to an end. In other words, regular divergence indicates that a probable trend reversal could occur through...
Bullish trend line since March 17 is still intact. Let's allow our runners RUN.
Current range is tight. Future : If broken below the thick red - we're bearish. If above continuous blue - we're bullish. Present : We're above significant moving averages - bullish.
Tight range with low volume and RSI in lower limits on a 1D indicates possible strong move to the upside targetting 200 daily EMA.
We just confirmed a breakout of 200 EMA. Target in green box. Invest 1%.
What if... sell in May and walk away is the best advice out there? Will you resist over trading?