Oil is trading in a range Long term its starting to look bullish but I feel we may retrace one more time to the support area. My only concern is the amount of wicks on the weekly chart near the support. I feel there may be some institutional accumulation of oil at that level. will be looking for a buy entry when we return to the support level marked on the chart
For trading view Setup: Breaker +close the gap Trade rating: 3.5/5 Reward: risk: 2.5:1
Setup: Holp reversal Trade rating: 3/5 Reward: risk: 3:1
For trading view Setup: reversal against support Trade rating: 4/5 Reward: risk: 4:1 Just a pull back to support followed by a rally or atleast back to recent highs
Setup: Holp reversal Trade rating: 3/5 Reward: risk: 3:1
Setup: Squeeze breakout Trade rating: 4/5 Reward: risk: 3:1
Setup: Squeeze breakout Trade rating: 4/5 Reward: risk: 2.8:1
Setup: Squeeze breakout Trade rating:4/5 Reward: risk: 5:1 Tesla has been consolidating and seems over sold to me. was waiting for confirmation and this breakout of the channel looks like the reversal confirmation we have been waiting for. my only concerns in the longer term is that the overall market turns bearish and pushes it back into the consolidation...
Setup: Pull back into key resistance level Trade rating: 5/5 Reward: risk: 8.3:1 please remember to wait for price to pull back to 90.7 the enter for the best reward to risk
Setup: Holp reversal Trade rating: 4/5 Reward: risk: 2:1
Setup: Holp reversal Trade rating: 3.5/5 Reward: risk: 4:1
Setup: holp reversal Trade rating: 4.5\5 Reward: risk: 6:1
Setup: breakout Trade rating: 4 Reward: risk: 2:1
Setup: Holp reversal at support Trade rating: 3/ Reward: risk: 1.5:1
Just an idea, I definitely could be wrong. everybody is talking about a 2023 recession but the sp 500 has closed 3 weeks in a row near the high of the week. Sure its in a range but 3 bullish hammer candles in a row on the weekly chart? there must be some sort of institutional buying at the 3800 level because every time we go there I see a bounce back up. I feel...
Assuming the trend will continue and if the sp 500 is pushed lower by NFP we could see a bigger move to the downside Setup: Holp reversal Trade rating: 3 Reward: risk: 2:1
Setup: HOLP Reversal Trade rating: 3/5 Reward: risk: 2:1
Setup: Support reversal Trade rating: 4 Reward: risk: 5.5:1 Great risk to reward and key entry area