SNAP hidden bullish divergenceHidden bullish divergence on snap in which the RSI produces lower lows while price makes higher lows. Very nice buy opportunity even in these rough financial times.
Snapinc
SNAP INC – Snapchathers on the way up (Continuation)Welcome to our Academy. We’re here to help you achieve what you have been looking for.
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SNAP INC – Snapchathers on the way up (Trend Continuation)
Trend: Strong Buy
Support/Resistance:
R2: 28.18
R1: 23.78
S1: 18.25
S2: 14.36
Price action:
Overall bullish flow is very strong. Snapchat trending is in very good continuation shape. The only way to get higher at this trending idea is following potencial bull targets. If the price get denied at straight away move up, then first buyers support to prove non-faker pattern is at 18.25 level.
Potencial trade idea:
Bulls targets:
T1: 23.78
T2: 28.18
NOTE – We are trading SNAP INC via the preferred trading setups by EliteFxAcademy
Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education
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