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Classicalcharting

$NGVT forming 3 month #AscendingTriangle #ChartPattern #BreakoutNYSE:NGVT has formed a 3 months ascending triangle chart pattern with the price testing the upper boundary multiple times. The price has been resting right below that resistance level for the last few sessions and could breakout soon. Chart patter price target identified on the chart but the weekly 200 MA is coming in at around $68. Watch that level after the breakout and tighten stops if weakness comes in. The breakout when it happens will clear the 200 day MA, adding to the validity of the breakout. #KeepitSimple!
NYSE:NGVTLong
by TaPlot
#Breakouts Don't always work #TradeManagement #StopLoss #SPTNIf you traded long enough, you know that no matter how great looking a chart pattern is, it could still fail. NASDAQ:SPTN is a good example of that. The 2 months Cup and Handle chart pattern was very well defined with a breakout few days ago on decent volume. Stock stalled right after the breakout with no follow through and ultimately dropped below horizontal breakout line. When you enter a trade, always make sure to know when it is time to exist. Use your trade management skills and use stop losses. This setup is still valid as long as the price does not close below $20. For now the stock is back into its consolidation pattern and no longer in a breakout mode. #KeepItSimple
NASDAQ:SPTN
by TaPlot
GBPCAD Educational + long Trade IdeaHello all traders GBP/CAD Trade Setup / Analysis Educational —————- Just browsing through my analysis means a lot to me. Please follow the analysis very carefully and every detail of the chart means a lot. And always entry depends on many reasons carefully studied Always enter into deals when there are more than 5 reasons combined Swing long ( Up ) From 1.71350 - 1.71250 Take Profit " 60 PIP / 120 PIP / 180 / 240 PIP Stop loss " 60 PIP 1.70700 Risk 2.5 % : 5 % Account Growth Expecting " 5 % : 20 % Risk : Reward 1 : 4 Key Technical / Reason's long 1) Strong Support Retest 2) Volume Profile Confirmation 3) Pattern / Down Channel + Head & Shoulder 4) Fibo Break Out 5) Turn level 6) M week high Break Main Supply / Demand Entry level's 1) 1.71250 Area S 2) 1.72500 / 1.73750 Area R
Long
by GoldenEngine
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