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3barpattern

AAPL to $130 or $110Labor days future action seems pretty bullish with world markets very green. AAPL had a hammer candle followed by an engulfing green candle (bullish), followed by a 3 bar play with a continuation green candle (bullish). We did however hit some resistance. If this trend continues, we should very quickly test $130 with a short squeeze, and possibly back to ATH. On the downside, if shorts come back into play, we will probably see $110. Hedge yourself on those calls.
NASDAQ:AAPL
by ncontelmo
1
Trade Ideas Position: GBPJPY BatA Bearish Bat pattern has formed up earlier and we had engaged the trade. This post was delayed due to the 10limit post per day restriction that was set by tradingview. I had written them a feedback hope this can be fixed. So back to our analysis, this was a perfect setup as the bearish bat pattern was formed on the sell zone area on this trend trading setup, there is an RSI divergence on this too. The only thing that isn't that great is candlewick of Point C(circled red) touches Point A, but that concern has been answered with the 3bar reversal candle that breaks below and closes below the terminal bar which has been marked T-Bar. If this sound alien to you, drop me a message rather than rushing into the trade.
Short
by RaynLim
SLV Resistance Right Where We ExpectedThe Fed''s decision to "pause" rate hikes justified the current levels for silver. That may have marked a short term top (SELL THE NEWS) as price touched the top of the lower sloping channel. The monthly chart shows that the recent monthly test of the closing low failed. While prices rallied despite closing lower in November (testing the August closing low), I am expecting another stab at that November closing low. A close above that level at the end of Feb signals a successful test of the low and a good chance for higher prices. A gap up above the channel line changes everything!
AMEX:SLVLong
by Glewis54