Pair just landed on a more than two years old support trendline. Do you think is going to break it through? I don't think so. You can start opening a small position and add if the support is holding up. SL triggers if a big daily candles break it down the support but it has to close way under it. In that case, I would short it.
UVXY is landing in a short term trendline. SPY is heading to a resistance zone. I bought the ETF (no calls this time) I'll keep buying if it gets to the support at 18.30. I think the market is consolidating and we will have ups and downs like crazy. I'll take advantage of it. My first TP at 22, then will see.
Bear flag is pretty obvious. Is trying to break down, it might bounce back up again, just keep adding. SL triggers only if a big bullish daily candle closes above the resistance.
Silver is always a good buy. It's coiling up in a triangle and ready to pop soon. Keep buying ( AMEX:SLV or your favorite ETF) until the breakout. SL triggers if a daily candle breaks down the upper trendline and closes under it with lots of volume (I doubt it but who knows).
Price just landed on a monthly support. Earnings coming on Jan 27. It highly possible that the price will test the resistance at 16.8. SL triggers if a weekly candle breaks down the support closes under it.
I just bought TQQQ. I think we are consolidation for a big move but is going to take some time. I will add if a see that the bullish flag still up. I'll take the loss if the pattern is busted.
Inverted HS, I'm buying calls Jan 31 strike 21. And to make it better is doing it over a historic support.
It has more downside. See my previous post. Is testing the broken support now resistance and looks very weak.
Looks like a HS forming up. I opened a short position bc I want a tight SL. If a daily candle breaks up and closes above the right shoulder I'll take the loss.
Bought puts Jan 24, strike 315. Price still in a downtrend and I think it needs more to change that. This is just a test of the broken support now resistance.
After a good rally the pair needs a correction. Support broken on 4H timeframe. SL triggers if a daily candles closes above the support (break up).
Price has tried many tome to break that resistance. Eventually is going to make it. Also looks liken an inverse HS. I opened a long position. Is a very volatile stock so hang tight. SL triggers is a daily candle closes at the level shown. But it has to close.
I bought a ton of NVDX. The support area is holding well. I think we are goin to see a rally soon.
The pair this huge bullish flag (USDSEK is doing something similar). SL triggers if the flag is busted (daily candle should closed below the bottom of the flag)