Trade active. Sell stop activated at 849pm. Playbook setup ABCD/Reversal on DT Rejection. RR 1:2 Probability of success: 75%
Blok closely resembles BTC movements and after a period of consolidation and bullish pattern it may be due for a breakout and the plan meets our risk management rules.
After breaking down and retesting channel, depending on todays close, MTN could continue to fall to at least meet our 1:2 risk to reward requirement
As long as current price holds as support, price squeeze can lead to a major break out.
Great setup on SHOP after breakout and bullish bat pattern!
Riskier setup than most but decent risk to reward ratio if price heads to the other end of range. We have weekly structure and a daily bat pattern to support our analysis and as always can take off half the risk when price reaches 1:2 R/R
After months of consolidation price seems to have broken out on solid volume and therefore we want to be in a position to benefit from a potential continuation of current bullish trend. Plus lets be honest, who doesn't like Netflix and Chill 😅
During bullish trend we can patiently wait for a continuation pattern and use volume increase as a major confluence to give us the confidence to take an Inside Bar trade on MTSI. Flag pole/ABCD pattern target matches up with our 1:2 risk to reward rules. Happy Monday !
After being rejected by channel resistance in previous instances, price has managed to break above and stay above this channel. Simple setup and channel target lines up with 1:2 aka 200% risk to reward ratio. Plan your trade and trade your plan!
After closing above range and previously breaking out of descending wedge, price is setting up to continue higher. Risk managed setup as always, if entry is missed then wait for pullback!
Broken triangle may lead to further rally and provide at least a 1:2 risk to reward ratio
Bullish cypher in consolidation phase may lead NET higher and Inside Bar gives us trading plan. Risk manage always!
Good location and great potential risk reward. Fibonacci, pattern breakout and structure could provide good support
Let the rally continue! Probable bullish breakout may lead to further upside
After breaking out of consolidation we can see GJ is more probable to head to further upside with targets supported by ABCD patterns and Fibonacci Extensions
Waiting on EJ to break out of current range in order to ride the wave up to at least 1:2 risk to reward ratio and potentially longer term to complete bearish bat pattern
Simple break down of wedge after a double top is leading to a pullback right to the 61% fib for a confluence sell at least down to twice your risk
Simple rejection from resistance level with enough volume to potentially give us a 1:2 trade