adrobcamp
SPY broke the larger downtrend but appears to be losing momentum; looks ready to form the hook back to the trend line (where there happens to be the convergence of the 200 EMA and 50 EMA, and a major fib level. About 2% downward drop before we get the larger rally? Retail tends to hop in after that golden cross prints... #TheTradeSchool
I do lots of fundamental analysis on TSLA that makes me a long-term confident bull. However, I see a pullback coming after this current earnings-driven rally upwards. Will buy puts if we rally to 200-210 (short-term target is 208) Why puts? 1. To hedge my long 2. Convergence of fib area and 200 day EMA 3. RSI already overbought (72) but TSLA not unheard of to...
ETHUSD about to see two major trend lines converge; with the corresponding descending triangle, I am positioning for a large move upward soon.
Comparing an angled bull flag vs. a horizontal pole pattern; both are continuation trends.
TSLA printed a nice pennant pattern on the 1W chart. See the example here.
AUD/JPY 1W Chart showing an example of an inverse head and shoulders reversal pattern.
Example of an ascending triangle, USD to Japanese Yen 1D Chart
Showing some triangles and wedges on BTC USD 1D Chart.
TSLA Symmetrical Triangle chart pattern 1D analysis
Double top example for PayPal Holdings, 1 Week Chart
Using the ROC indicator, we can identify areas of divergence and overbought/oversold areas.
For fun! BTG Divergence Redo. Has examples of Bullish and Bearish Divergence using RSI Oscillator.
Swinging BYND over just 2 weeks would have resulted in 60-70% profit using this MACD strategy.
Areas of overbought and oversold, as well as hidden bearish divergence on the RSI oscillator.
How I would trade RTX using 200 and 50 SMA crossovers.