Hello Traders,
As you can see on the posted chart today we completed the Head & Shoulders Bottom.
I've written out the calculations to help teach you how to measure price target.
The following is a list of Bearish & Bullish indications going into tomorrow.
((Circle colors: Yellow = Bullish, White = Bearish))
Bearish:
-Head & Shoulders Bottom theoretically complete.
-Bearish volume to price divergence.
-Topping signal (my indicator).
-RSI overbought 1 of 2 RSI signal.
-DMI+ nosing downward (slight).
Bullish:
-Green last 4.5 sessions.
-Growing OBV (as expected).
-ADX nosing upward.
-DMI- nosing downward.
I hope everyone had a great day today!
Are you Bullish or Bearish going into tomorrow?
Cheers,
Mike
As you can see on the posted chart today we completed the Head & Shoulders Bottom.
I've written out the calculations to help teach you how to measure price target.
The following is a list of Bearish & Bullish indications going into tomorrow.
((Circle colors: Yellow = Bullish, White = Bearish))
Bearish:
-Head & Shoulders Bottom theoretically complete.
-Bearish volume to price divergence.
-Topping signal (my indicator).
-RSI overbought 1 of 2 RSI signal.
-DMI+ nosing downward (slight).
Bullish:
-Green last 4.5 sessions.
-Growing OBV (as expected).
-ADX nosing upward.
-DMI- nosing downward.
I hope everyone had a great day today!
Are you Bullish or Bearish going into tomorrow?
Cheers,
Mike
Note
Sorry for the messiness. Was at least a LITTLE cleaner when I posted lol and now sometimes it's glitching blank?... Oh well. haha
Site: uprighttrades.com
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Site: uprighttrades.com
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
old site: uprighttrader.com
Scripts: tradingview.com/u/UPRIGHTTrading/
Like & follow for great ideas & indicators!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.