Danieldaytrades

Danieldaytrades

aapl at inflection point of support/resistance on the chart after creating a weekly higher low will it confirm old resistance as support and bounce or breakdown and make new lows so i am looking for it to hold the 50 ema on the weekly for any possibility for upside if we break that and are trendline support drawn on the chart i will have downside pts at 145 and...

Danieldaytrades

potential bounce or break here with bitcoin testing trend support of symetrical triangle on its 3rd test its the moment of truth whether we bounce or break if we breakdown price target 1 is 36202 and then 34450 however if we bounce we see 40730 and then 43473 noticing some bullish divergence on rsi making me lean towards the bounce side

Danieldaytrades

spy forming weekly h&s pattern at critical support 410.64 break would be confirmation where we an see 400 and below where we have our next critical support at 394 then 368 which is around the weekly 200 ema however we can bounce here and see 423 then 454

Danieldaytrades

forming a double bottom at a historical inflection point where buyers tend to eat up this zone when the price comes to it and so far sending to our first pt every time we regard it as support paired together with the bullish gartley and weekly bullish divergence creates a very reasonable long opportunity for a long with a stop a bit below the double bottom support

Danieldaytrades

coming back to support after testing trend resistance lets see if we bounce here or break

Danieldaytrades

After breakout and backtest was textbook we can see some turbulence here coming into 200 ema on the daily as it is a supply zone

Danieldaytrades

Confirming major resistance as support for first time while creating a falling wedge

Danieldaytrades

I love this chart on acst only if it holds .38 giving you a perfect place for a stop loss that's what makes it so great paired with the bullish cypher and the massive inverse h&s

Danieldaytrades

Mat head and shoulders and now backtesting neckline