TRI.NYS_Swim Trading VZ Breakout Trade_LongENTRY: 118.27
SL: 112.92
TP1: 124
TP2: 128
- ADX<20. Would like to be higher.
- RSI>50, <70
- Maintaining well at pivot point "P".
- Wash and rinse pattern on 3-4 Nov 2021
- Strength meter shows weakness hence lower position.
- Currently just below HVN.
- Need to watch for reaction after dividend date.
- Entry based on breakout from VZ on 4 Nov 2021.
TRI
TRIThe technical chart of Thomson Reuters Corp (NYSE:TRI) looks fairly appealing for a possible short term trade. The stock price is forming an ascending triangle pattern on a daily. If price breaks out above 89.69 then we should probably see a significant move to the upside next week.
1st published chart for my Level 2 programBy the end of this class I will be able to use the following:
1. Horizontal S and R. Trend Lines
2. RI's MA's
3. Gaps Outlined
4. Volume Profile (Session and Visible) if available
5. 50% levels. GANN angles.
6. GANN squares and arcs
7. Point and Figure Charting
8. Futures Spreads
9. Commitment of Traders (Cot) Report data
10. Building and running TradingView algo scripts
Dav-O setup on MYSTDav-O setup on MYST
Dav-O script fired with a Confirmed W in Price, OBV and TRI's Willy
Looking for a double
Credit: The Rational Investor, davincij and maqpie