Resitance
Which Way?Looking for a nice and clear break of highlighted areas for opportunities. Rectangle can be traded as well. Shorts @ Resist and Longs @ Support can also provide excellent trading opportunities with awesome R2R. Looking at the Daily chart and up the longs are looking good for swings. Fib Cluster? Green Daily Fib & Gold H4 Fib
Feedback? Let me know!
Chart Art!
BTCUSD strong long trade setup (short term)So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long.
So I went long here at 3936.27
Stoploss: 3200.00 (2 % risk of capital)
Take Profit: around the 5000.00 price, depending on the future movement of the price.
As of right now, I think there will be a short term spike up to the 5000 level.
25/03/2017 S&P500 technical analysisThe price has increased rapidly these days, including gaps in that rise, after a clear double bottom at 2325. This has caused the price to approach a resistance that is close to 2400, which being a round number, psychologically influences as the maximum level. Waiting for a rebound in the resistance, may be most likely, but be very pending to break if the rapid rise continues.
a new resistance?2 bearish patterns
the smallest shows the possible breakout of the actual resistance.
the biggest could support the idea.
green line for take profits.
use a stop profit on the smallest pattern. in this trade is important more than ever
p.s on the other side i draw the red arrow as an other dynamic resistance
more info in next hours
Support, Resistance, and Trend for $ATNM 2/17/17This chart shows current support, resistance, and trend lines for ATNM as if 2/17. Support has increased to $1.39 as of today as evidence by multiple bounces off of $1.39 price. Resistance was lowered to $1.50 based on recent behavior. Possible wedge forming.