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Risingtriangle

Rising triangle and possible future breakoutBAC forming a triangle. I've been waiting for a good entry for about a week. $22.66 has also been an important line of support in the past. The reward is not super high, but neither is the risk. I'm going to enter now with a stop-loss at $22.45, which is about 2%. I'm hoping to sell some at $25.3 and then either wait for a breakout or buy into the retracement. Fundamentals look good too. Analysts say that BAC is either buy or hold.
NYSE:BACLong
by QuantumMaster
[NDX] Nasdaq100 Hinting at Continued SellingNot a whole lot of technical stuff here, ascending wedge is tightening on price range for the Nasdaq100 Futures chart. Which would suggest a breakdown incoming. NDX being a tech sector barometer, has fared better than the SPX and DJI in the recent volatility whipsawing, if it makes lower lows we could see some issues with the rest. Whether this means that this recent bounce would just be a corrective wave B, is unknown. We'll have to see how the next week plays out. Headlines keep whipping markets around day after day, Middle East conflicts, Chinese Trade War, Oil Prices, Tech issues, Tweets, etc. Earnings season is getting started too, but headlines may bury those likely positive fundamentals. Interesting time to observe and learn what traders react to and how. Also checkout the fib retrace levels. If there is a breakdown, it would have to occur soon around the key 50% and 61.8% levels. Which strengthens the technical case for continued decline. Overall though I'm neutral because volatility and news. Let me know if you have any thoughts on this!
CME_MINI:NQ1!
by NYFinancials
GBPJPY Short off of Big Round Number 150GBPJPY Short off of a rising triangle. I was originally looking for a breakout of the triangle at about 147.5 and change. However it looks like it has returned to the down side of the Big Round Number 150. I think I'm in this too early but so it goes....... The 150 is a very strong round number zone right through the middle of the GBPJPY. It is very squishy zone with a history of lots of action above and below with the 150 cutting through the middle. I think was a little pre-mature getting in this without a retrace of the 150 so i will watch it closely and get out cheap if I don't see anything to offer confirmation. Then again it may make me proud yet.
by MrPresident