This should provide a decent risk/reward for shorts entering within the red zone.
Industrial bill talks happening next week should push this up. if we have any good news
i am looking for longs in the balance area because we are thinking price is gonna break this balance
42.53 ENTRY PRICE. 38.28 10% STOP LOSS. 44.66 5% TARGET. 46.78 10% TARGET. RSI above 50 with a steep incline. Volume at 100% +. Price above 200 sma uptrend bias. Hugh large Bullish engulfing candle. Price above both all ma's. Price had a bullish breakout of range top. Price closed above 50 sma for a bullish bias.
NYSE:FR Hi, traders! Lets take a look at the paper I picked up for trading on Tuesday. From March 24th, it finished its fall and was led upwards. On April 09, it was the first time it encountered a level formed by an upper retracement in a downtrend. On April 14, the instrument tested the level again, but failed to take it: made a false breakout of only 4...
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An intraday high potential, Back Tested Long Analysis. We ll try to find an entry price within the expected pull back zone 31.10 - 31.27 as previously being back tested. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study,...
Trading idea of following the trend of a trend of a trend. Cyan line traces the continuous daily high's and lows. Blue line traces the continuous higher highs - higher lows or lower highs - lower lows of the cyan line Purple line traces the continuous higher highs - higher lows or lower highs - lower lows of the blue line. The combination gives Target, and...