A golden cup and handle trading setup..!Entry: at the market opening price
Stop loss: closing below 81
Reward/Risk:
Target range: 94-115
Time Frame: 4-12 wks
Possible gain:10-30 %
Possible loss: 3.5-5%
Position size: 5% of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Moshkelgoha
Tesla forecast for the next 2 weeks!Tesla could touch 800 or lower by the earning!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
This could be the last day for Lucid as well!Lucid experienced a 258% gain in 54 days! reached the highest closed price and got dumped in the past 2 hours!
I think closing today could be a safe bet or increasing trailing stop loss to 52..!
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Alarming sign in the Weekly chartLooking at the weekly chart of the bitcoin shows whenever we have a bearish Outside bar in the weekly chart, there will be a 12- 25% decline in the following week!
If you look at the mid-July weekly candle, you see after a bullish reversal out bar crypto market went up 49%.
Take weekly outside bars seriously..!
What Is an Outside Reversal?
An outside reversal is a price pattern that indicates a potential change in trend on a price chart. The two-day pattern is observed when a security’s high and low prices for the day exceed the high and low of the previous day’s trading session. Outside reversal is also known as either a bullish engulfing (after a downward price move) or a bearish engulfing pattern (after an upward price move) when observed on candlestick charts.
Reference article:
www.investopedia.com