False breakout ??.... I will short the structure until there is a real break out....
Have not posted in awhile, but take a look at my history. We have here a almost perfect short.
Bearish RSI Divergence / Bear FLAG, Short the channel break down. Looking for 10% - 12% Profits....
Bearish Triangle has broken down and our bull flag as failed, happy trading, short !
BEARISH PENNANT taking us down the other side of a BART SIMPSON: This bearish pennant should lead us into forming your STOCK STANDARD BART !!! i.imgur.com
Our inverse H&S called the other day is playing out nicely almost reached neckline, we can see a possible cup and handle also.
Potential Cup and Handle spotted inside a larger Inverse Head and Shoulders.
Inverse H&S with bullish RSI divergence
taking a long position on breakout of ascending triangle, take profit at 200sma, roll stops, see what happens at 200sma.. trade the breakout.
Australian Cannabis Penny Stock: market looks a little over extended leaning towards overbought. Massive accumulation phase before huge pump cycles. Market is over 200 sma bullish, Retest of 618 fib expected, if successful bounce from 618 support and break threw ichimoku cloud, then enter a long position, marker will be confirmed bullish. For best entry wait...
cup and handle inside ascending triangle, have fun, trade the breakout, nice profit scalp.
If we look at 1d we can see massive triangle, the 7000 is bottom of triangle you can see we bounced there, next stop you can see is 8600 then back to 7300 then back to 8200 then back to 7400 then break out to 12k + upside due to the flag pole we can see.
RSI Bullish Divergence found on 1hr, enjoy
Ascending triangle ETH, trade if it breaks out. Short term scalp.
LONG Open: 7860 Close: 8200 As you can see we have hit key support and have left oversold territory. We are in a descending channel and i feel its safe to take a long now at the bottom of the channel, Closing again at the top (purple lines).