roddy2ktrades

roddy2ktrades

Here we have Bitcoin on the weekly chart. As price makes its way up and down the chart it stops at $30000, $20,000, & $10,000. Bitcoin is also in what looks like a premature bearish pattern. There are multiple trend lines that point to the same price point giving it some extra strength. If price breaks pattern soon then we could see $30,000. If not, then we...

roddy2ktrades Updated 

Hey everybody welcome back Today we’re looking at AMZN on the daily chart and it’s forming a very nice head and shoulders pattern. I actually got in some puts at the top of the right shoulder and took profits already. I opened a new put position just before the bell. You can see price was rejected at key levels same as the left shoulder. We’ll see if support...

roddy2ktrades

Hey everybody, welcome back to my ideas. As you can see we are shorting BA. Price broke out of the long term down channel and was recently rejected on retest. Yesterday it was also rejected on the second retest by the down channel and a long term S/R level and is now looking to form a double top. To top it off, yesterday closed with a nice doji candlestick....

roddy2ktrades

Breakout to $18.50 Theres a handful of confluences here. 2 touches on the support line of both the channel and then also the big triangle pattern. 3rd falling wedge completed ready to break through and now the fan is aligned Goodluck