nick56526

nick56526

This looks to be abeutiful pattern on Bone . I like it alot . Lots of bullish confluence throughout different time frames .

nick56526

heres the idea .. we have been seeing moves lately that appear to be stop loss hunting, so we have just dropped to the recent low (to stop out longs ) and then we moved up almost to the previous high (to almost stop out all the shorts) Sentiment has shifted bearish , so are we to beleive they are going to go back up there to stop out all of the shorts placed...

nick56526

This is how i am playing Fet right now . Enter at top of pattern

nick56526

This theory is based on a finishing of a head and shoulder pattern and reaching a higher low at or around the time of the halving. If history repeats itself the price should start to rise from that point going forward.

nick56526

Simple channel trade . enter at the top . should have a pretty good risk to reward . entry could have been better.