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DIA

DIA/BTC (Bearish Pattern Confirmed)💎Technical Analysis Summary💎 BINANCE: DIABTC -The Bearish rising wedge pattern has been confirmed -The trendline support finally failed and the Bears entered the market -If there will be follow-through by the Bears in the coming hours or days -The downside target is around 900s sat area A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
8
1:9 Risk/Reward Ratio NOWLow risk entry NOW. The trend is up until this channel breaks with volume. Please feel free to check out my other ideas, I really want to help people understand the market the way that I do. I hope we profit TOGETHER! If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation! DM me to get these charts and my ideas before anyone else!
CBOT_MINI:YM1!Long
by chartsareforships
WHat do we do on red days?It's easy to make money when everything is going up. but what happens when we hit a red day in the market, or even week-long red days? We hunt. AS every good hunter knows, it's best to hunt when there is blood in the water. We start by filtering all of our watchlists by percent gain for the day/week/month or whatever time frame you trade on. WE are looking for the stocks to go against the flow of trading. Green stocks. They act like rubber bands when the market returns to positive territory. so in conclusion, when the market is moving against you, look for stocks that show strength and look for opportunities there.
AMEX:SPY
by The_Level_Two
DIA/BTC (Test Old Resistance?)KUCOIN: DIABTC -DIA broke the local resistance around 0.000232 sat -It is now pulling back to test old resistance becoming new support -This is a good pullback enter (Aggressive position) with stop loss below 50ma red -While momentum traders will wait for the break of the recent High at 0.000275 -This is my simple trading plan, always follow your rules before trading ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
7
Thoughts on the S&P through end of 2020TVC:SPX AMEX:SPY CME_MINI:ES1! CME_MINI:ES1! Well, the S&P; has made a crazy trip from Yearly S2 to Yearly R1 in what has certainly been a psychotic 2020 -- one that isn't over yet. On this weekly chart, I'd like to point out the firm rejection on R1 and then the follow through to the downside this week. While it wasn't crazy-strong follow through, it's certainly enough to make anyone paying attention take note. What's worse is that we have weakening RSI showing major divergence vs. the previous high, and also just a general divergence going back a few years before RSI reset this past March after hitting 30. What that means is that there just isn't the same momentum going into the last two highs as there was a few years ago. Breaking above 70 and then rejecting the 70 level is about as bearish as it gets. Taking a look at the Stochastic, the divergence is not as notable there as in RSI, so maybe that's somewhat of a silver lining. But, it does appear a bearish crossover will occur in the next week or two. I use the stochastic to confirm RSI, not the other way around as it tends to lag significantly, especially on longer time frames like weekly charts. Kinda looks like one of those setups where a few weeks later I think to myself "I should've taken the warning signs more seriously". If you take a look at the 4 hour chart, you'll notice a pretty sketchy hear & shoulders top with today's close right on the neckline. Joy . Things could start getting sketchy as soon as next week. So, if this is correct, and we're trending lower now, how low will we go? My guess is somewhere between S2 or S3 by the end of the year. That 1900 area is certainly strong support and should almost definitely be defended. After that, who knows? With everything as batshit crazy as it has been this year, there's no telling what next year will look like. My advice? Pack it in for the year or at least until the political cycle is behind us here in the US. Good luck everybody.
SP:SPXShort
by imdp
3