Channeltrend
10/26 DKNG earnings and longMy previous chart was spot on. (Link is below)
Looks like it bottomed at $40 and returned to its channel.
Fibs are key points to break a candle over.
I believe we will hit around $49-$50 for earnings(Nov 12) and then head back down to $44-$45.
Q2 earnings were horrible so be prepared for the pullback the day before the report.
NKLA LONGI was a bit too bullish on my last NKLA idea. I pasted the link to that idea below.
Here is the new start fresh bull plan.
watch it as it follows this channel and wait for confirmation that it has left the channel.
I will also be watching so if you follow this post I will notify you.
As always I look forward to your comments for or against my ideas.
USDCHF - ShortPrice is moving down a channel in a bearish trend creating higher lows and lower lows.
We can see here price struggled to break past the key level and test the higher lows which means logically it is on its way down to test the bottom of the channel and create a new lower low.
only 30+ pips but still a nice pick.
IMPULSE CORRECTION IMPULSE - TEXTBOOK SETUPThe EURUSD seems to be setting up really nicely for a second impulse to the downside. I expect one more push up to hit the resistance of this channel and will be looking to enter a short from there. My target to the downside is based on a Fib retracement and the impulse leg of this trade meeting at the same point.
Happy trading!
Linton White
QuickTrade
South Africa
BTC - AT THE MOMENT THIS SHORT TERM SCENARIO PLAYED OUTHello, the short term scenario mentioned in the attached idea below played out.
We are also within the two channels that are holding since March. The break of the 11k however occurred during a weekend, let's wait for few normal "business day" to make sure it is not a fakeout.
TWOU Gap FillTWOU looking like its heading toward a gap fill
Ark Invest also keeps buying up their shares
EURCHF Buy Signal 100 pip OpportunityEURCHF still in upwards channel, been trading this for over a month. See past ideas for profits taken.
Remember that there are no exact line bounces. Each line (support/resistance/trendline) are always "areas".
I will enter buy directions only at bottom of channel and take profit at top of channel.
Good luck! Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made simple
EURUSD Buy ChannelEURUSD in upwards channel. Have been buying at dips and exiting at tops.
1. Bulls are still in control.
2. Main direction is still up
3. Up trend line still active.
Entry @ bottom of channel.
Take profit at top of channel or in 40-50 pip increments.
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made Simple
Wait bounce from 221Istanbul indicator shows important levels for us. Channel between 221 to 245 works more than 3 time for MATICBTC. Maybe works again. Wait bounce from 221 to open long position.
BTC Upwards Channel and Long IdeaHi guys,
This is my first idea on TradingView and I am relatively new to technical analysis. I would love to hear your feedback.
An upward channel currently exists for BTCUSD (which can be better seen from the Daily chart). As long as the channel boundaries remain in place, the upwards bullish movement will continue.
If we take a look at the Weekly Ichimoku indicator, we can see that the price has entered the lower portion of the cloud. This means that there is a good chance that the price will try test the upwards boundary of the cloud (being $10800). This will only take place once we clear and flip the $10000 resistance (and mental barrier) that is in place at the moment.
I am net long BTC as long as this channel remains in play (see the Daily chart for a better view).
I would love to get your views and comments. Let me know what you thinkk