I see a longer term Early stage Falling wedge formation confirmed on the daily. If we break above the downward sloping resistance line we may rally. If the upper trend line holds, I see further selling pressure, possibly reaching the previous low before bouncing off of the lower trend line on the pattern. If we see a bounce at the low, we have a double bottom...
Symmetrical Triangle at the top of an up Trend. Breakout on above average volume. Higher Time Frame Trending up.
entry at the Gold Shadow line. Stop loss at the red line. Top of the Red Vertical Line is the my target area.
Russells broke above a critical level and is holding above the 8 EMA not sure if I like the R/R on this trade Bull pullback. eyeballed 2:1. Long @ 1/8 of the days range over Fridays high.
Triger entry one penny below the golden line, SOH till then/If then as anything can happen in these Markets. initial stop loss 1/4 of the days trading range above the last days close.
Looking to short on a rising Wedge Breakdown of Gold, on a break of the Golden (shadow line). Red support area is set at the lowest close of each swing, be it a Green candle. Using the wicks for shadow line support breakdown, trigger entry at 118.72 stop limit order .20 limit spread for entry on the SL order.
