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kgiap123
May 26, 2020 5:25 AM

BYND is consolidating after Strong Rally 

Beyond Meat, Inc.NASDAQ

Description

Bullish Divergence setup was a success. Bull rallied and bounced from EMA20 (Very bullish)
BYND advance 80% since beginning of April. The bull must be tired now..
Currently, it consolidating around key fibo 130-150

Plan:
Scenario1 : Wait for Slow Turtle Breakout Buy signal above 148 with Volume or FiFT spike
Scenario2 : Wait for pullback to around EMA20. Look for Bullish Reversal candle with Fast Turtle Buy signal confirmation and FiFT spike.

Potential Target 170, 230 , 310, 360, 400

Trade active

Triggered 137.18

Comment




Scenario 1 triggered.
Further buy based on FiFT spike and ATOM Buy.

Comment

BoD Jackpot !!

Comment


Need to break above 170
Comments
lauralea
I need to review turtle rules I guess..lol
kgiap123
@lauralea, you can load following turle indicator “Turtle and Triple EMA Indicators” by kgiap123... Go to setting and change 20x10 (Slow) Resistance/Support setting to 2x2 (Fast)... The reason why we focusing on Fast Turtle is because all japanese reversal candle need fast turtle confirmation... so, instead of learning japanese candle pattern with funny names, it would be easier to just look at Fast Turtle signal.

3 Rules... Uptrend/Downtrend, Bullish/Bearish and Force of the BULL/BEAR.... We buy when Uptrend, Bullish and Strong BULL Force.
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