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Two Trade Ideas - Both BullishSo while I was backtesting a handful of new indicators I came across this chart and couldn't pass up the opportunity to share with all of you. I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario. If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1 R/R. By the way, I know BB is a name that most of us haven't heard of since our childhood, but this company has now actually shifted their focus to working on and producing AI technology. Just as a reminder, I'm in no way qualified to be a financial advisor and I have absolutely no idea what I'm talking about. Happy trading!
NYSE:BBLong
by Trump4FxPresident
DXY - Head & Shoulders Entry in Bullish Flag Pattern Hey guys, bigger picture here on the DXY we have just violated an inside level of structure which allows me to make the prediction that price is likely to continue higher to our next higher level of previous structure resistance. Recently we've seen a little relief in the market in the form of a bullish flag pattern. Currently at the lower end of this flag pattern we're forming a head & shoulders bottom pattern which can be used as a setup in it's own right or as an entry reason into the bigger flag pattern setup. Your Trading Coach - Akil
TVC:DXYLong
by Akil_Stokes
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