.......( Just personal Trading Journal to take not of this Pair)......
Here on the chart we can see Strong Support and Resistance lines, particularly the Resistance line in light blue. If you zoom in on the chart you can see that the stock is bouncing off the support-turn-resistance line. Hopefully, the market is able to breakout as there is no other evidence of it being able to breakout. The only way to know that it is, is to...
Here on the chart you can see the Support & Resistance lines which I have indicated and the targets I have if the market goes either of the ways. There is still no confirmation of where the Stock is going. Thanks.
Here is a simple setup made up of a single Support line and an up trend line. Also, you can see that MA is making a new high, so we might have a long opportunity here. but if you zoom in on the chart, there are more bearish candles. I am not doing anything yet to make sure that the stock does not go into a downtrend. Trade with care!
As you can see on the chart I have indicated the potential bat pattern already, we just need C & D to be completed
Here on the chart we can clearly see a Bat Pattern which shows the potential Support and Resistance lines. The Breakout is not confirmed as the stock is currently on the Resistance line. Therefore we should wait for confirmation and see what we can do then. Thanks
As you can see on the chart. The Bat pattern I had indicated on my previous Post about UKOIL is valid, and the stock indeed went down. So now on the chart you can also see a string of Bullish candles which might indicate a potential Trend Reversal, but I am still waiting for confirmation as the most current bar is on the Indicated Resistance Line. But the stock...
Support and Resistance lines Found. Bat pattern Indicated. Downtrend. Moving Sideways. Short
Resistance and Support lines drawn. 2 Harmonic Patterns Found. Possible Reversal. Short.
Head and Shoulders Pattern Found. Downtrend. Fibonacci Levels Drawn. R/S Lines drawn. Possible Short Opportunity.
As you can see on the chart, the market is bouncing off one of the Fibonacci Levels which means my projection is most likely going to be correct. It is not certain so I am still waiting for confirmation. Happy Trading!
Thank You Guys so much for giving Me Support. Have you realised yet? We are ALMOST Hitting a THOUSAND Views, and that is amazing. We are also very close to 10 followers. You may think it is Little but it seems big for me. Yes I did say "We'" because I fell that we are like a community. Again, I REALLY appreciate the support. Thank You SO much. Happy Trading!
Broke Resistance. Support Found. Flag Pattern Forming(Indecision). Wait.
Broke Resistance Line. In Uptrend. Potential Support. Long.
Waiting For Potential Bounce off the Support Line. Possibility of a Breakthrough Of Support Line. Wait.
Support & Resistance lines drawn, backed up with Fib Retracement. Butterfly Pattern Marked. Short opportunity.
Support & Resistance lines drawn. Potential Bearish Butterfly Pattern.