Metal moving inside descending triangle.. RSI showing bullish divergence on daily timeframes. Downside momentum tapering on volume decline Fibs marked out for LTF resistance Flipping gray order block confirms bull run Would only trade this as a breakout play. GL!
Goos chart showing nice expanded flat correction after having completed it's extended 5 wave impulse. This company is fundamentally solid, and displaying clean technical patterns.. to me, it's is a no-brainer long, & hold. Looking for ramp up on C with targets exceeding our B wave peak. Additional fib targets in blue. Looking to add on any dips to the grey support box.
Looks like a 5 wave setup forming, within a descending wedge.. looking for a breakout when pattern completes
Beautiful inverted head and shoulders here.. This is a technical trade, setup looks good with volume supporting to the patterns validity. Safe play is entering upon a break of neckline, or on an s/r flip above the neckline Distance from neck to head is roughly 20%, putting our target in the low 50's. To the right, there is a conveniently situated VPVR gap...
Just playing some fibs and order blocks here ..for practice only
Just playing some fibs and orderblocks here... practice only
Playing order blocks here ..for practice only