ADPR34 trade ideas
Ascending TriangleLets see where this goes. If i were to Purchase, I would wait for it to come back to the upwards trendline, go long, and trail my stop loss with trend line because I don't like the Stoch divergence.
ALWAYS Let price come to where you want it before taking a trade. BE PATIENT and wait for the right set ups. make sure you see a high probability trade before you take it, trading is a game of probabilities.
$ADP 101.27 looks double top. 2 month ago GAP dwn fr 100.7 to 97ADP 101.27 looks double top formation. on Jan-31-2017 it had a GAP down fr 100.7 to 97.6 in 1 day.
Bearish Cypher pattern on 60 min ADP chartA Bearish Cypher pattern has been detected on 60 min ADP chart, suggesting that we are going to be making moves to the down side. my stop loss is set at 99.54 and my first target is at 97.62, close to a 1:1 ratio, my second target indicated on the chart is 96.94.
