Short, target 14.990Following weekly chart.
It's under EMA13 and last canle is a powerfull short candle.
Also following different power indicators and it's losing power so fast.
TP1 14.992
TP2 14.500
TP3 14.000
SL following close above 16258
ING trade ideas
ING ShortInverse H&S in the making, tripple bearish convergence on RSI, bearish divergence on MACD. About to break support level.
INGA - 10 months ASCENDING TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
Short it ING is clearly a short candidate here. OI put wall is at $10, so it'll give us plenty of room for a nice dip.
$ING with a bearish outlook following its earnings #Stocks The PEAD projected a bearish outlook for $ING after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
can banks come back lets see what interest rates do to this idea. my bias is bullish but i can see how it can go the other direction
To buy ING stem dip.ING Groep - Intraday - We look to Buy at 8.484 (stop at 8.169)
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
8.500 continues to hold back the bears.
8.193 has been pivotal.
We look to buy dips.
Dip buying offers good risk/reward.
Expect trading to remain mixed and volatile.
Our profit targets will be 9.284 and 9.484
Resistance: 9.500 / 10.000 / 10.500
Support: 9.000 / 8.800 / 8.500
Daily chart for perspective
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ING is still in a downtrend ING is still in a clear downtrend, waiting for it to retrace to the area between $6.85-$7.33. That's where I expect buyers to step in and it's alos a high volume area just beneath the value area. A third touch of the trendline is your signal to go long.
ING Groep About to Drop? ING Groep
Short Term - We look to Sell at 9.90 (stop at 10.24)
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 10.00, resulting in improved risk/reward. Trading close to the psychological 10.00 level. Price action is forming a bearish flag which has a bias to break to the downside. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 8.24 and 7.45
Resistance: 10.00 / 11.00 / 13.50
Support: 9.00 / 8.00 / 7.25
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$ING with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $ING after a Negative over reaction following its earnings release placing the stock in drift C.
ING will go to 14.8 and possibly 15.8 and even 17.8 and 21.6ING will go to 14.8 (almost certain) and possibly break through to 15.8 and when it breaks 15.8, even to 17.8 and possibly 21.6.
ING analysisAs for ING we are gaining back what we have lost from the corona period. It is a strong bullish momentum, therefore you should watch out for a strong pullback breaking through the area of support. But technically seen this area of support is an interesting buying opportunity.
ING ready to goRSi is suitable for an uptrend.
Cup and handle confirmed.
TP 9.8
SL 5.64 or follow blue trend line
Forming a flag to continue the pumpBought some longer terms options for ING as it's forming a flag to continue the pump.
5 x 10C DEC22
ING Long (Perfect buying moment) (Eur stocks) (R/R 1/1.2)ING had a nice pullback just now, it is now at the point that was a 3 time resistance before after the covid drop, we can build support here a few days in 2020 and then 2021 go back up.
It is a good risk/reward of 1/1.2 so buying seems useful.
Time to prepare shortsGetting ready to cross the SMA10 on the Renko chart, having OBV trending down. Once SMA10 is crossed and OBV continues down, there will be great short opportunities.
About Renko Charts
A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, "renga," since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the prior brick. An up brick is green, while a down brick is red.
INGA - dutch bank - outlookHad a great run with INGA, then the sell-off from the top.
Stochastics on weekly say we have downward momentum still. INGA is holding at the first green line (support) and if it breaks will move to the next green line (1 channel lower) if that breaks.... etc. etc.
If INGA manages to break the red resistance line we will have a breakout and can go in for a swing trade.
I am neither overly bullish or bearish on INGA right now, it could go eitherway. The bank is healthy and well funded, covid is not over yet, let's see what happens and trade accordingly!
Remember, just trade the chart, not the company!
ING Short: Money Laundering BadGetting a few puts because of this news:
www.investing.com
We will see, not entirely hopeful, but a good guess...
INGA - very bullish setup
Bullish setup, nice place to add and see if we will test for the top again. Long term trend is very bullish (see weekly)
if we move to the 15min view, it looks like we missed our chance to add in this dip, and monday I expect this to shoot up on opening, however still plenty of room to move up higher, so using a trailing stop loss we will decide entry monday morning.
Trading the swings here on INGA when she goes sideways and then long again up. Trailing stoploss for unpleasant corrections (it's a bank afterall, any surprise in the news could move her back down)
Will ING test 6,5,4,3 Euro? before the bullrun to 15. (update)Resistances at:
12
15
18
22
28
9.56 is a very critical point. There the bullrun can start.
