CETX has formed a daily wedge and is currently laddering upward. If price can float out of the top of the wedge and bounce of the uptrend (pink) and push higher. With high volume, the price could break through resistance and see rejection off the resistance level above. Price would then see rejection off of the newly created level of support and push towards the...
The goal for this swing play is for the price to float out of its weekly wedge and bounce off of the trend low (of the previous uptrend) and make a move up to test the trend high (of the previous downtrend). The play will only work if the price can float through trend, if not then the move down will continue and the price will be squeezed by the wedge. The...
BKD is beginning to form a head and shoulders pattern. The left shoulder has been formed and the head is formed on the left side. If the pattern continues (yellow) then enter on the short side would be at 4.23. There are two exit points on this trade. The safest exit is at 4.04 and an extended exit on high volume would be at 3.85. The stop-loss is at 4.36...
This play on $DKNG is fractally charted: Monthly Trends- white Weekly Trends- purple Daily Trends- red Hourly Trends- Teal The targeted gain is 8.68% and the max loss is 4.57%. The target entry for the play is 54.70, the exit target is 59.45, and the stop-loss is at 52.20. The goal is for the price to break out of the 2 fractal wedges that it is currently in and...
I wish I would have remembered to post this before the move happened, but I forgot. So I will just show my entry and exit points and why I had them. I set my entry point based on the trend low of the previous uptrend. This is what caused me to catch an absolute perfect falling knife for entry. Price then steadily rose to try and test the trend high of the previous...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...
Quick Introduction: I am brand new to trading and have been working on learning the technical side of trading. I am hoping to do this for a living one day. I am currently in the practice and learning stage. I have been doing a lot of practice charting lately and would greatly appreciate feedback and pointers to help improve and refine my skills. I would love to...