Nice tight wedge. had a nice pop to create the higher high. now we're putting in the higher low to signify the start of the uptrend. it's a dollar. was 6 dollars. risk reward ratio is in our favor on this one for sure.
They're saying the biggest demand for oil in history is coming as the world opens up. this just broke out of a supply line that it's been under since 2014 ! was 1100 dollars then !! Possible 3x if oil hits 80 a barrel.
Beautiful backtest complete. This will take us to all time highs
Never back tested breakout . Also would line up with 200 moving avg. most people are talking this area as most likely target. 41-42k area
Broke out of huge descending wedge today. Backtest tomorrow should provide a great entry. Wedge dates back to DEc 2020. Should take us to all time highs and considering the macro…consumer defenses are on the docket.
This looks great. Cup and handle ? I don’t trade these often but if we can crack 63 area this thing might rip. Huge pattern. Bouncing off 200 weekly ma.
Breaking out of huge wedge on monthly time frame. Been in this pattern since 2014 ! Look at the volume that came in down here. Huge upside potential ! They said oil demand gonna be the biggest in history when world re opens.
.618 retrace area from covid crash. Weekly candle this week is painting a inverted hammer reversal candle....so an area that assets usually retrace....a potential reversal candle.....and it's the last day of april ....i'm sure it's nothing
Top of upsloping wedge. Needs to break out of this formation to continue upwards.
4hr Bearish engulfing candle about to be closed. This stock just can't break 22.95 for the longest time. rejected again right at this resistance line from hell.
backtesting today on daily timeframe from breakout yesterday. Looking great so far
Broken out. Backtesting right now on the daily timeframe. last backtest failed. It's been in this channel for a long time.. the move coming out of this breakout is gonna be big i believe.
We don’t need no stinking backtest. Key level to watch is last high so we don’t end up in a double top situation and of course BTC can’t fall off a cliff. But BTC looks amazing right now too with similar pattern. If we clear the last high 1500 area has some resistance it has to overcome.
Had a breakout yesterday of descending wedge it’s been in for the longest. Such a pretty setup with this and the double bottom.
Rkt broke out other day. if it can clear 22.89 area.....this thing goes straight up when it does. We put in a higher high on the reddit pump....now we have the higher low.
have a breakout on a very beat up stock. hard to believe this stock was over 1000 before !! see what happens
Breaking out of descending wedge it’s been in for over a week now. Hidden bullish divergence playing out. 1500 this run ?