A 14% drop in $VKTX and I might still win. Here's why! NASDAQ:VKTX
A 14% drop in NASDAQ:VKTX and I might still win. Here's why!
In this video analysis update on my position in NASDAQ:VKTX , we will discuss why I didn't sell after the 14% pullback and why it's important not to sell based on price movement! Enjoy.
Have you ever sold a stock and right after it flew to the upside?
Bullish Flag
Tesla - Confirmed BreakdownHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price which I do expect Tesla to retest. Then you can absolutely consider long setups again on Tesla stock.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Tesla - Go Long NowHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
After the massive triangle breakout in 2020 and a rally of +1.500%, Tesla has been moving sideways for over two years now. Tesla stock is currently creating a triangle formation as well as a flag pattern. I am personally waiting for a clearer setup on Tesla before I will take longs - either a triangle breakout or a retest of the lower support of the flag mentioned in the analysis.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Falling wedge | Bullish Flag | Swing | Trend lineGold weekly is in bull(Impulse wave already in move).
4H timeframe :: There is falling wedge pattern
Falling Wedge :: TP : 2091.10
SL : 2013.39
D timeframe :: There is a swing and bullish flag.
bullish flag :: TP : 2166.70
SL : 2013.39
Swing :: TP : 2133.75
SL : 2013.39
The CMP has taken support of 4H ascending trend line pattern.
GBPCAD I How to trade it following BOC Rate ReportWelcome back! Let me know your thoughts in the comments!
** GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Correction completed from recent impulse - LONG Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPNZD I Impulse flag and continuation
Welcome back! Let me know your thoughts in the comments!
** GBPNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCAD I Potential buy from support Welcome back! Let me know your thoughts in the comments!
**GBPCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY I Intraday buy from support Welcome back! Let me know your thoughts in the comments!
**USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURUSD CPI Report Breakout-What's Next!Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
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Brian & Kenya Horton, BK Forex Academy
Corn - Bullish Flag Corn is trading inside a bullish flag on Daily/Weekly charts. I'm looking for either a breakout or buy from the bottom of the flag (in case we see a bounce here rather than a breakout).
Targets at 800 and 880.
Invalidation - breakout below the flag structure.
CWSFF / CMC - Diamond in the ruff! Must add to your portfolioQuick little overview of Cielo Waste Solutions. This is a company thats paying off debt early, rapidly expanding, and receiving the funding to do so. Cielo is primed to make moves in the coming weeks. Longer term, this company will break $30 pps in the coming years, without question. This was originally discovered by a good friend of mine "PennyQueen", and it shows insane promise. That's why I see this as a must add to your portfolio. Though it's in its infancy, under $10, this is a gift right now! Happy trading everyone.
In depth look at continuation bull/bear flag structures/patterns
Hello everyone:
Welcome back to another quick educational video on price action structures/patterns.
Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure.
First it's important to understand that a bullish/bearish flag is a continuation correction.
They are representing a correctional phrase of the price action, before resuming the previous impulse phrase.
As price action traders, we must be able to identify what correction we are seeing.
This will allow you to get ahead and make your forecasting so you are prepare to any potential entries
Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes.
Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length.
They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures.
Thirds, So its important to understand multi-time frame analysis, top down approach.
A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias.
So its important to add as much confluence to your trade as possible.
As always, any questions, feedback or comments please let me know :)
See you all in my next weekly outlook stream.
Thank you