Bill Williams Indicators
Sell gold into 40wma, then buy with both hands.A touch of the 40wma as a shake out to resume the bull trend (as it has done so twice in this uptrend see yellow circles). Stochastics broke down, williams %R flirting with breaking down of support, pennant coiled on the weekly. Buy into 1800-1840 and target 2200-2400. No position.
REGI DOUBLE BOTTOM PATTERNNASDAQ:REGI
REGI formed a nice double bottom pattern with buy point at 64.04. With green energy in focus due to the election and a a democratic administration excitement was about in stocks like REGI, PLUG and BE. However, investors and smart money know that these companies have not yet gone mainstream.
Concerning HARAMI candle - potential >6% decline before electionNOT ADVICE. DYOR.
3 Charts with last two examples
Construction: 1st Rule = Range of 2 Fractal LO with no Fractal HI in Between except a Rising Window 2nd Rule = Range of any 2 Fractal HI. What can we learn. Observe 2 Fractal HI thereafter & any Bearish Candlestick signal or drop <0 in Histogram.