I see a head and shoulders. Waiting on increasing volume confirmation. Not an adviser just what I see.
end of elliot wave in 15min candles. ready to retest the supprt which is fib 0.618 as well.
I am mostly short on snap, but playing both sides.
Hidden 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.
Short opportunities are being created on Snap Chat SNAP stock. New weekly supply is being created on Snap Chat on the weekly timeframe around $16 per share. The stock has been doing nothing for a few weeks and it's now dropping strongly creating new weekly supply imbalance and lower timeframe imbalances. No longs are allowed. Price action and supply and...
Here's a nice test of the Centerline guys & gals. I think I hop on and see if we can bang it to the L-MLH §8-) P!
NYSE:SNAP is headed to 16.50. Retraced 50% of earnings gap down. Sellers coming in.
I had right now a fellow trader asking me about which centerlines could be met, if I have two forks on the chart. The answer is: either of both can be met, even if the other one is a very big one like the one in the current Gold chart: Why is this possible? It is a question of the perspective, the context: If you look for "quickies", then you probably prefer...
Close below centerline and multiple tests. Looking for a target at the L-MLH. P!
The second head bang at the CL. is a good indication that we will see price down at the L-MLH. When? Dunno... P!