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Double Bottom

HD: Double bottom?Home Depot Inc Intraday - We look to Buy at 285.03 (stop at 271.38) Buying pressure from 265.00 resulted in prices rejecting the dip. Posted a Double Bottom formation. The reaction higher is positive and highlights a clear reversal. A weaker opening is expected to challenge bullish resolve. Dip buying offers good risk/reward. Our profit targets will be 328.98 and 340.00 Resistance: 300.00 / 330.00 / 418.00 Support: 285.00 / 265.00 / 150. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:HDLong
by VantageMarkets
XLM - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. XLM has been overall bearish for a while trading inside the red wedge pattern. Lately we can see that the bears are getting exhausted, not being able to push lower as before, getting stuck inside a range forming an accumulation phase. Moreover, XLM is sitting around a strong support and round number 0.1 and forming a double bottom pattern. But of course, the bulls aren't in control yet. Trigger => For the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the bulls take over, XLM would be stuck inside a range between 0.1 and 0.14 Which scenario do you think is more probable and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
KRAKEN:XLMUSDLong
by TheSignalyst
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