Bullish divergence class B and good risk reward ratio for EL
Just spotted this on my scanner, bullish on AEP with potential wave 5
Ticker : SCTY Chart url : ** Trend ** Primary : Bullish Intermediate : Sideway Minor : Bullish Phase : Distribution
Monitoring WFM closely... Cant enter sell put cause Option volatility crushed after earnings..
short term trading, spotted bear dive on h1,Risk reward ratio 1.52. no major news in 4-5h
Ticker : X ** Trend ** Primary : Sideway Intermediate : Sideway Minor : Sideway Phase : Distribution ** Risk Management ** Risk Unit : $100 Order type : BUY Entry Price : 36.09 Stop LOSS : 34.46 Number of shares : 61 Take Profit (2R : 39.35 ** Price Action ** Elder Daily : BLUE Elder Weekly : RED
spotted a bearish divergence candidate, entered order sell stop @1.24641 lets see if its trigger or not. The sell pressure is good. spotted a gravestone doji. Primary Trend : Bearish Intermediate Trend : Bearish Minor Trend : Bearish
Break bear trendline and have nice support @242 with Risk and reward ratio 1.57 its a good trade
Break Downtrend Resistance and have a support@ 242.02 1st TP 264.23 SL 240 seems good trade with risk 1 R and reward almost 2R@(268ish)