for NinjaTrader® – Forget Squiggly Lines!
Bull gap, above HOY, Opening Range, 1P, DT, WfBO
LOD was at the shallowest trend lines from yesterday
daily chart
Always In Long (AIL) since 03/29
3rd trend channel line (TCL) overshoot and another close back below the TCL
bears need a close below Monday low to switch to Always In Short (AIS)
bulls bought with lmt orders at the steep bull trend line, probably more up
Continuation, 1P, WfBO, L2, 2E, fL2, bull SC
the fL2 occurred before we took out a LH, but the bear TL was broken by the strong reaction after the WfBO LOY
daily chart
Always In Long (AIL) since 03/29
3rd trend channel line (TCL) overshoot and close back below the TCL
but a weak bear body only with a bull close (above mid)
bulls bought with lmt orders below LOY and at the steep bull trend line, probably more up
Continuation, fL2, fH2, fBO, 1P, DB
trading range day, sellers above HOY just before the close
daily chart
Always In Long (AIL) since 03/29
micro double top, but close above the old extreme of the bull (red line)
probably a breakout test of the gap close price (magenta line), which means bears started to short at that price, scaled in higher and took profits at their 1st entry
2880 might see some more profit taking (PT) by the bulls https://twitter.com/PA_Indicators/status/1113055893891895297
Bull gap, above HOY, fBO, bear CH, MC, CXT, BT, 1P, XT, fL2
the XT around 17:20 starts the bull CH in the SC from the LOD
small trading range day
daily chart
Always In Long (AIL) since today
the 2nd entry buy for the bulls triggered
profit taking at the highest bull close of the earlier spike (03/18 close)
Continuation, fBO, bear CH, 1W, CXT, 1P, bull CH, 1CHBO, 2SP, SC
a very nice measured move of the bear CH, that we broke out of
reactions at 1x and 2x the height of the bear CH, 2x the height was LOD
daily chart
Always In Short (AIS) since 03/22
Some sellers (probably disappointed bulls) at the close of the weak entry bar
buyers at the EMA and below the weak entry bar
