Looks like an ascending triangle forming on ENPH (bullish) ***See Previous Charts*** - EMA's starting to curl - Bollinger bands squeezing (not pictured) - Also looks like an inverse head and shoulders forming on the daily timeframe - Bullish- will be looking for a breakout, just some support and resistance levels to keep an eye on as well as some RSI based supply...
After January 27th Momentum gain into $3.50s area we seen a heave pull back down below $1.50s. the markets has given time to squeeze out the day traders and i think it's a good time to put on a Swing Play now that we are giving way to a squeeze. holding that 50 EMA. if it breaks past $1.00 i would stop out of this trade. but the R:R is about 1:3 on this play into...
get a selfie with elon at 10k will update it cleaned up
Please refer to text on chart. Not much to say here, price is slowly moving downwards.. we'll enter with the current trend - down. If price starts moving up, we'll get out. Simple. ** We do not try to predict future price. We simply react to current price movements based on interpretations of past data.