Dragon in Flight, a pierce of the upper pitchfork is my profit target. Stop is a Dragons Eye forming at $60. Good trading!
Here is the correct chart for Hemp, Inc. see previous chart for commentary.
Here is the correct chart for Hemp, Inc. The Dragon is ready to break out and take flight. Staying L and accumulating on any pullback. Good Trading!
Take some profits as the upper pitchfork has been pierced. The Dragon is definitely in flight. Good trading!
If you follow my charss, you know I don't often include equities, but in the wake of the marijuana craze, legalization and industrial hemp coming back to America, especially as an alternative commodity and farming it is worthy of a closer look. HEMP, inc. is an up and coming industrial hemp manufacturer and processor with plenty of upside potential and little...
While it may be a little late to jump on this Long trade, the Dragon is officially In Flight. My stop is set at a break and confirmation of the Dragons Head (yellow dotted line). Until then let the buyers show their resolve all the way to $52.60 where I will take profits and let a runner run. Drop a line to info@marketintell.net if you like these trade setups...
As we wait for the Btc/Ltc reaction to software issues in the next week, take a look at Etherium on a long term basis. Dragon has formed an eye and tested the oceans surface. I am initiating a long position in anticipation of a retest of the recent high and beyond. Utilizing the pitchfork indicator, this is one of my favorite long setups. As price tests the...
Profit target 22k as the Dragon is back In Flight. Stop at a Pierce and/or formation of a Dragons Eye. Good Trading.
Looking for a move in either direction as the Dragon has formed a neutral (Dragon breathes fire formation. Keeping the powder dry in anticipation of the next Asian buying flurry. check out bitcoinwisdom.com for altcoin stats. Pitchfork identifies support and resistance at the (dotted) red and green lines. My trade triggers are a break of the upward or downward...
After an amazing move up as illustrated by the Dragons Belly pierce to the Oceans Surface and beyond, We are currently in a neutral position as the Dragon has formed an Eye and a Dragon Breathes Fire pattern., HOWEVER, the surface has been pierced on a weekly basis. I will be looking for a short position as price retests the $48.75 level (yellow dotted line). Any...
Ready to dive in on the short side. Easy to see stop above resistance at the pitchfork edges (red & green lines), easy out if the market surprises me. Good trading.
Take a look at the action in Litecoin. If your not a believer by now, do some research in to Chinese Digital currency economy. Bitcoinwisdom.com reveals a huge increase in volume recently. The upward pitchfork reveals upper resistance at the $65 level, as the Dragon is in flight. Supprot at $33. I am long until the Dragon tells me otherwise. Good trading!
As discussed in the previous short setup chart, I will seek profits at the downward pitchfork median line (red dotted line) and keep a runner. From the Dragon Analytics perspective, I am short until the Dragons belly is pierced (dotted yellow line). Take profits when the market provides and move to the next trade. Good trading!
All positions are flat at present, as the Dragon has formed both a Dragons eye AND the Ocean surface has been pierced. Looking for a retest of the surface (red Line) to initiate a short position. Keep the powder dry for now and wait for a high probability trade. Good trading!
In flight until further notice. Good trading!
As the chart illustrates, since the median line pierce at 1200 (green dotted line), the Dragon has been in flight and has NEVER pierced the Dragons head. I am currently in cash, as profits on the way up were substantial and met my trade plan. IF a long position is to be attempted, I will wait for a pullback and hold of the Dragons head (Dotted yellow line) as...
If you are a silver trader, here is a long term look at the ETF. I am neutral at present, as the Dragons belly has been pierced. Price can easily trade in a narrow range here, triggering stops at an alarming rate. Wait for a pierce (and hold) of the oceans surface (Dragon takes flight) before a long position can be initiated. Support and resistance levels are...
From a neutral position, look for a break of the Dragons head at 1600, initiating a Dragons eye. I will short to the pitchfork median line (red & green dotted lines) AND a pierce of the oceans surface. Look for support there. Good trading and remember to minimize losses when proven wrong, and wait for another winning opportunity. The discipline works.