AMZN has recently completed a massive Bearish AB=CD and has clearly shown bearish Price Action, forming a rejection candle right on the week of completion. This could be a signal for a large pullback for AMZN, however in this almost vertical market, it must be treated with caution
After a massive gap due to earnings, AAPL completed a Bearish AB=CD and has clearly shown a distaste to the 150.50 area, I expect to see perhaps a small retracement back up and then a continuation to the downside as the gap attempts a fill.
After a large spike up, price has stalled at a Bearish AB=CD, while forming a complex RSI structure. After coming down from the overbought extreme I have shorted at the indicated level
After price has stabilized at the 1.13 projection and RSI has slowly ticked out of the oversold extreme, I am led to believe that we should see fake out and have bought on the RSI trigger bar.
Price has found support on the 78.6 retracement and is stalling, while RSI has slowly ticked up out of the oversold extreme. I am long at the indicated level.
I am long at the indicated level after RSI has come out of the oversold and is ticking up.
I have risked another 0.50% Re-Entering this long position. Admittedly i may be being stubborn, however after still holding the 61.8 and an RSI retest, i do not mind risking another 0.50% as i strongly believe we should see pop back up
I have bought at the indicated level (RSI trigger bar support level). After testing the 61.8 and forming an impulsive RSI test, I am now looking for a move up. I am only risking 0.5% instead of my original 1% due to the tight stop.
I am trading this on a five minute as that is where the RSI divergence is displayed, however the time from is too small to publish. I am short at the indicated level
Looking for a quick move down after trigger bar has shown to hold as resistance
Bought at market at the indicated level, perhaps should've waited for the close but we will see how this plays out. Looking for an immediate move down.
Heres another shot at a long on this pair, this time off an AB=CD with some good RSI confirmation
Extreme price action may be signaling a flawed pattern, however my limit order was filled and I am in this trade.
Price has formed a small double top at the 88.6 retracement combined with a clear RSI BAMM
After a massive tumble, the USD has reached the 88.6 level of this bullish bat formation and has shown early signs of rejection, a rebound may be forming.
Looking for a quick move to the downside
looking for a quick move to the upside