take this pattern as the one i want to use for the activity i am more comfortable with this one than with the one i posted at the beginning we can expect a reversal of the trend if the price breaks below the neck line. good oportunity to open short positions.
this wedge already happened but is a great example for the homework. long positions are opened when the price breaks the upper line of the wedge, the take profit is the top of the wedge projected with a horizontal line we can see had a great trade.
this wedge can be a great chance to open long positions as soon the price breaks the upper level of the wedge, the take profit will be the top level of the wedge projected with a horizontal line.
this falling wedge can be a great opportunity to invest we can open long positions as soon as the price breaks the upper level, the take profit will be the top of the wedge projected with a horizontal line.
we can play this channel opening short positions (going with the main trend) and closing when the price
touches the bottom line and also by opening long positions being a bit more riskier. the channel will be invalidated as soon as the price breaks one of the two lines by a close candle not the shadows.
this symmetrical triangle happened a couple of hours ago, the main trend continued we should have opened short positions as soon as the price broke the lower trend line of the triangle.
with the rsi stochastic we can see a clear sign of over sold situation. the moving averages were bellow the 30 line which means the price is over sold in that point. we have to be careful because this indicator functions better in lateral markets were the price is consolidated, it does not work as well in markets with a specific trend.
this can be a symmetric triangle we have to wait for the price to break above or below one of the two sides of the triangle only then we can open short or long positions depending on which side the price breaks.
we can see an up trend that has been tested three times, we can expect the prince to test again the line and only then we can think in opening long positions.
in this chart we can see 5 clear support/resistances some acting as both which means the validity of the line is stronger, we can expect the price to test the support line on the chart and only then we can open long positions hoping for a bounce on the mentioned line.
we have previous down trend before we find the descending triangle, we can see lower highs and a horizontal bottom line, we should open short positions at the break of the horizontal line.
in the 1h chart we can see a clear down trend fallowed by what can be a head and shoulders pattern,
this pattern is in formation so we have to be patient. we have to wait for the rupture of the neck line
to confirm the pattern and open long positions, we can wait for the pullback or open at the breakout.
in the amazon stock we can see a clear up trend followed by a doble top (reversal pattern) we could have waited for a pullback but it did not happened. the take profit is the area between the top and the bottom lines projected down.
in this 15m chart we can see tesla is on a clear up trend were the 50 day ema is above the 100 day ema only when the faster ema crosses the slower ema we can think in opening short positions.
in the AMD stock we have a down trend with several points were it has been tested and has been consolidating for some time. we have to wait for it to be tested again only then we can open short positions
