DKNG BREAKING OUT OF WEDGE NOW. COULD GET BACK TEST ON NEXT CANDLE. LOOKING GOOOOOOOD
HIT THE 886 RETRACE FROM SEPT 24TH LOW. ALSO GIVES US A HIGHER LOW IF IT HOLDS AND POTENTIALLY A PARTIAL DECLINE ON A DESCENDING BROADENING WEDGE WHICH IS ALSO BULLIS AF. PRETTY LOW RISK ENTRY FOR LONG HERE.
SHOWING TRIPLE MAC D BULLISH DIVERGENCE AND RSI BULL DIV ON 4HR TF.
HIDDEN BULLISH DIVERGENCE ON DAILY TF. STILL WITHIN FALLING WEDGE
CAN WE GET A BOUNCE OR WHAT. USUALLY DON'T LOOK AT HOURLY TF...BUT WE ARE SHOWING TRIPLE MAC D BULLISH DIVERGENCE NOW ON HOURLY. ALSO ON RSI. DOWNWARD WEDGE WHICH IS BULLISH FORMATION AS WELL.
HOLDING UP SO FAR FROM RESISTANCE / SUPPORT FROM JUNE 2ND. THIS RESISTANCE WAS NEVER BACK TESTED AFTER THE BREAKOUT ON SEPT 14TH. HOURLY SHOWING BULLISH DIVERGENCE ON MAC D. NOT A BAD PLACE FOR REENTRY IMO. LET'S SEE IF IT HOLDS UP FOR NEXT HOUR AND HALF.
STRUCTURE BROKEN. MAYBE BACK TEST TOMORROW, THEN LET'S SEE HOW LOW IT CAN FALL AND GET SOME GOOD BULLISH DIVERGENCE ON THE MAC D. IT WILL BE THE FIRST ACTUAL BUY SIGNAL ON THE DAILY TIME FRAME EVER.
HIDDEN BEARISH DIVERGENCE ON THE SPY. SHOWING IMPENDING PRICE ACTION TO THE DOWNSIDE.
Bearish pattern of rising wedge. Hopefully this drop will give us a good bullish divergence signal on daily time frame for the first time ever.
WALGREENS...SHOWING WEEKLY BULLISH DIVERGENCE ON BOTH OSCILLATORS IN DOWNWARD WEDGE PATTERN.
DOUBLE TOP ? SHOWING BEGINNINGS OF BEARISH DIVERGENCE ON WEEKLY TIME FRAME. PRETTY LOW RISK SHORT HERE. STOP ABOVE LAST HIGH OF 29.39 ?
SHORT HERE. USUALLY BREAKING AN UPWARD SLOPING SUPPLY LINE ENDS UP IN A BIG DUMP. ABOUT TO SHOW BEARISH DIVERGENCE ON THE OSCILLATORS HERE. LOW RISK ENTRY. MY OPINION ANYWAYS.
Daily timeframe back test going good. 6 hours till candle close. Then we need to see some follow thru price action.
Downward wedge breakout and back test showing bullish divergence on daily.
DOUBLE BOTTOM W/ BULLISH DIVERGENCE ON MAC D. GOOD LOOKING SETUP.
Breakout and back test happening now. Some good targets