CPR, TDOC, TENB, UAA - DIFFERENT PATTERNS
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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
Market is, of course, plenty of bearish opportunities, I'm going to post some of them I spot. There is not much to say, levels are very well defined and all the patterns appear in a established downtrend.
There is one thing to keep in mind very carefully: a very large number of stock have very similar charts so the matter is just to choose the most clear patterns BUT almost all of them are inevitably going to follow the index behavior so taking action on many of them is like multiplying the risk!
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
═════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
Market is, of course, plenty of bearish opportunities, I'm going to post some of them I spot. There is not much to say, levels are very well defined and all the patterns appear in a established downtrend.
There is one thing to keep in mind very carefully: a very large number of stock have very similar charts so the matter is just to choose the most clear patterns BUT almost all of them are inevitably going to follow the index behavior so taking action on many of them is like multiplying the risk!
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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