for NinjaTrader® – Forget Squiggly Lines!
Continuation, bear CH, 1tF BT, fEB, fL4, fL5, bull CH, CXT, XT, HH MTR, DB, mW, 1tF BO, OIO, fBO
FOMC report
a very nice RVB at the daily bull mTL, check out how the PB after it tested the low of the bar prior to it, nice inverse SHS PA
daily chart
lmt Brs at the mTL
Bull gap, mid range, XT, HL MTR, TA, fEB, fL2, H2, 1tF BO, 1tF BT, CXT, bull CH, fBO, mDB, BB
daily chart
strong bull BO, but needs FT
close right at (slightly above) the 62% fib of the large BO from last week
Continuation, SA, fL4, TA, 1P, 2E, fBO, FF, fEB, CXT, OIO, mW, BP TRI, TRI
b1 is a misplaced RVB
daily chart
Srs at the 38% fib of the bear BO+FT
bear IB, forming an II, might be a FF with BB
All reversals begin with a Trend Line Break (on how to draw trend lines see this post) or a Trend Channel Line Overshoot (too far too fast) before the actual Reversal happens. Continue reading “Reversals”
Bull gap, mid range, bear MC, 1tF BT, DT, BT, SHS, fH2, SC, BT, inv. SHS, HL MTR, fEB, 1tF BT, 1TL
daily chart
some bulls might see a mDB at the HTF TL (weekly), a lmt C buy
but strong move dn, better to wait for a 2E
bears shorted heavily just before the close to prevent a bull body on the cash close as well on the RTH close (future)
