Diamondpattern
TSLA Diamond Performance Channel with 5/1 price scaleSupport off the Reverse GP and Lower Diamond Boundary. My strategy is to look for breaks of resistance, a back test and go, play both bull and bear. If the back test does not hold I am out and will look again. With TSLA a risky play is buying bull of strong support looking for a bounce play. If this fails sizing is key to accept 30% losses on options.
BNB Short SWING TRADING STRATEGY
BNB / BTC doesn't seems good, diamond pattern occurs, if the price break the support then the short is start
If you zoom out the 1D timeframe of BNB / BTC, you will see the channel downtrend, the support of channel downtrend is our target
the target is mapped using green line.
See my other swing trading analysis :
www.tradingview.com
TSLA Blue Diamond Channel SupportGood Evening, looking forward to Fed Chair Mr. Powell provide us with some clues on inflation. Multiple outcomes based on fed signals to the market - including, sell the news or, a surprise policy and extend the bull run, price action, namely volume and VIX will be the keys. TSLA bulls showed up with a couple days left before the split. At that point new charts will need to be made and option premiums will change.
SPY - .65 Blue Channel SupportI am a buyer for a bounce off the Yellow Lines in the event of consolidation. If we continue our ascent I will be top fishing the blue channel for short term puts plays if the price action provides a bear back test. If we break-out over the blue channel, a bull back-test will provide a nice level to play continuation.