Back to the Box — Classic Range Play on ATOMATOM has been moving within a well-defined sideways range between $4.03 and $5.08 for over two months now. Every time price touches the lower boundary, we’ve seen strong bullish reactions — and right now, we’re sitting right at that key support zone again.
I'm entering a long position around $4.281
💡 The idea here is simple: classic range trading setup with a clean invalidation point and an R:R close to 1:4.
📍 Entry: $4.281
🎯 Targets:
→ $4.325
→ $4.369
→ $4.426
→ $4.497
→ $4.569
❌ Stop: $4.029
More thoughts in my profile @93balaclava
Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
Rangeplay
Tesla is in tight range; bracketingInteresting setup on NASDAQ:TSLA
Price was bracketing for the last four days. The high level context is certainly bullish (daily uptrend, strong market) but bulls met strong resistance as they tried to close gap from January 24th. Two possible ways to play it LONG: either from range bottom with profit target at range high and above; or wait for bullish break out and go with it if it holds. Regardless of what you do always wait for confirming signals before commencing trade
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
HCA Daily Range PlayHCA is giving us some simple stops and profit taking levels. We're nearing a resistance at ~145, which is followed by another at 147. Giving us a clear line to short with an easy stop to place. Coming down, we have 3 major support levels we have to pass/hit. The POC, 119 and lastly 116. A potential play would be shorting until the POC, exiting and securing profits. Watching for a break on the POC, re-enter and set your stop above the POC and ride it to the next support level. Obviously holding and riding through POC will yield greater profit, but comes with a risk of a bounce back to resistance.
USDJPY - Possible range continuationThe pair is putting in a triple bottom around 111.000 and there is a new price action squeeze forming back into the range idicating that the buyers are unwilling to let go of their control. If the buyers manage to keep price above 111.600 we might see a possible pullback towards that level and a continuation towards the top of the range.
SCTY crossroadsDescending triangle spotted in SCTY weekly. Will coal affect it's price?
I'm seeing two patterns. One is a descending triangle continuation or an inverse head and shoulder.
Whatever it is, do take the time to observe how it unfolds. Personally, I think it will bounce to $46 and then range. I personally do not think it will shoot up or shit all the way down.
I'm neutral