for NinjaTrader® – Forget Squiggly Lines!
Continuation, WfBO LOY, 2nd fBO LOY, LL MTR, 1tF BT, 1CHBO, fL3, deep PB, HL MTR, 1Tail
daily chart
gap close and bull bar closing right at the bear mTL
bears gonna S that lmt C as a strong close at the TL in a bear MC
bulls need to trigger above today’s and yesterday’s bar as a 2BR
but all in a bear MC, which decreases the likelihood of a successful bull trade
Bull gap, above HOY, OR (b1), 1fBO, 1W, W1P, 1P, SC, 1Tail, BT, BP
a nice point landing at the gap price
b1 is again a classic misplaced RVB, caution
daily chart
we opened ABOVE the 50% Fibonacci retrace of the entire bear move, tested that and formed a nice bull TB, a FT bar for the BO from Y, gap close with 10/17
but bears might see an exhaustion bar closing on the high near resistance, fH2 to short lmt C
Continuation, fBO, bear CH, fH2, CXT, bull CH, 1tF BO, 1tF BT, fL2, 1Tail
daily chart
Brs above Y H1 SB, close above the EMA and last weeks high
Bull gap, mid range, bear CH, 1fBO, L2, fBO, fH2, DT, 1Tail, BP
daily chart
bears PT at 1xMM of the last PB (a classics risk/reward based trade)
you short the BO (stop entry) of the extreme of the trend and place your stop loss above the last LH, then PT at 1xMM of your risk
in a bear trend this trade has a probability of > 50% so you have a positive traders equation
Continuation, mDB, 1Tail, H2, 1tF EB, H3, bull CH, mDT
daily chart
some bulls see an overlapped BO bar and kinda fL3, a lmt C buy
some PT at the O of the bull RVB from two days ago
bears short higher at the BO point
