The 3 Step Trading Strategy... Learn More Here💸The Rocket Booster Strategy 🚀
Hi am Lubosi forex and am a forex trading, stock and commodity trading expert.
Thank you to TradingView for providing this awesome platform that allows me to study charts.
This strategy is a strategy I learnt after a very bad breakup with my ex girlfriend
This forced me to study this strategy everyday for about 45 days straight!!
I was really disappointed in myself and so I thought if I master trading maybe I could be
A better man for her.
But I failed to learn how to trade by myself until I discovered this trading system I call the
"🚀 Booster Strategy "
It has 3 phases
👉The price has to be above the 50 MA
👉The 50 MA Should cross above the 200 MA
👉 The Price should be in an uptrend
How do you detect an uptrend?
Look below the Chart am using an indicator called "DMI"
When the green line is above the red line and The blue line it signals an uptrend
And that's it!
That's the rocket booster strategy my friend.
To Learn more rocket boost this content.
Disclaimer ⚠ Trading is risky you will lose money whether you like it or it please learn risk management and profit taking strategies
AX trade ideas
Axos Financial Inc. (NYSE: AX) Price Momentum
Axos Financial Inc. 50-day SMA is moving above its 200-day SMA indicating a bullish trend.
Price Momentum
AX is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
AX stock's support level is around $30, which is the lowest point reached in September 2023. The resistance level is around $40, which is the highest point reached in August 2023.
AX - Bump and RunA pattern called a bump and run where price over extends a lot but then returns to the strong trend line and accounts for the large rise
I have shown this bump and run with arrows on chart
Being at the long term trend line on this Weekly timeframe I would say that AX has bullish potential.
AX 3 Month #CupandHandle #ChartPatternVery appealing setup on this cup and handle 3 month chart pattern.
1. Handle taking the form of rectangle consolidation
2. Handle forming right above 200 MA (bullish)
3. The cup and handle pattern boundary resistance is conversion with a long term weekly down trend line (red line)
A decisive daily close above $26 will confirm the pattern and the breakout and set the stage for a rally up to $30s.