Btc/Usd Day ChartLH on the Daily chart can it hold and confirm an uptrend forming a bullish sentiment lets see how the trend goes...
Lean
Lean Hogs: Ranged 2-month plan. Leans Hogs is on a strong rejection this first few session of 2020, after the top on the 72.100 1D Resistance. The price is currently testing the 1D MA50 (blue line) which has been acting as the pivot since October.
With the long term Higher Low trend line (since August 2018) providing Support, we are expecting a bounce on the 61.400 Symmetrical Support back towards the 1D Resistance. 2 way opportunities exist within this range. Make the most out of it.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Lean Hogs Futures Price Pattern from April to July Each Year April and July are key months in price action for lean hogs. This past year it seems people got smart and tried to pre-trade the historical trend, as evidenced from the earlier upswing to the earlier downswing.
Lean Hogs longPrice may end the correction of the primary long trend with yesterday's marubozu candle. Important levels are shown in the chart, and if the price closes above 80, it has a chance to reach above 100. Target zone is at 114-123. This is a long term prediction on HE2!
Lean Hogs: 3 tier long term buy opportunity.Lean Hogs have been trading sideways since late 2015 and on the monthly chart is best illustrated by the neutral monthly chart (RSI = 51.940, Williams = -47.019, CCI = 34.8246, Highs/Lows = 0.000).
On 1D the MA200 works as a pivot attracting the price always after an annual High or Low. The price is currently trading above so we are expecting a sharp decline below this MA200 consolidation belt and towards the previous 2 lows which now represent a 3 tier buy opportunity: 55.100, 48.000 and 41.000.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Lean Hogs - pressure from sellersSorry the SELL STOP LIMIT is at price 74.55 as is shown in chart.
Thanks
Lean hogs at the high of the yearWaiting for the peak for a while - although the pork associations and sponsored publications are claiming that we'll have a long rally - I don't believe that.
For the rest of the year should concentrate on shorts.
Short Hog Spread entered 1-22-15. $480 profit, $990 margin. What an extremely sharp move after a crossover deep below overbought range, right before a huge day on 1-30-15. I wish I could say that I rode this all the way up to it's top but I had a nice little profit at 10.875 and exited when it leveled off after it's strong open just over 11.000. Looking at it now, a trailing stop using the last 14 days Average True Range, which was .6220, I would've given it room to do it's thing and captured it's peak right at close, but that's $250 worth of wiggle room, and it could've gone against me too. For those of you tracking me, this was the recommendation I emailed out on 1-22-15. Trade 4212, 15/15 years profitable, $681 avg profit, which we caught 70.4%. But this is a spread that's been profitable historically for the next 17 days, until 2-19. So I'll be looking for a dip to do it again. Will you be with me?
