chasethatmoney

chasethatmoney

The "falling three methods" is a bearish, five-candle continuation pattern that signals an interruption, but not a reversal, of the current downtrend. I would short below the yellow trend line support on a break and close of it with a 1 hour candle and with a stop loss just above the trend line. There was huge red volume spike and oscillators are looking...

chasethatmoney

Bearish Head & Shoulders Pattern set up on BROS Notes on chart what to look for and how to possibly play the pattern .Sometimes these patterns will fail to break down if that happens i would look to get long above that green line as described on the chart

chasethatmoney

Looks like EOG has made a cup & handle formation with a breakout and retest of the neckline could be a good opportunity here to ladder into a long position with a stop loss below the neckline

chasethatmoney

Nice looking flag set up on csx chart maybe put a buy stop on it to get in on a breakout . Its currently sitting on the 50day ema support on the 4hr chart If you go down to a shorter time frame of 1 hr the 200 ema is around 34.70 and is at the bottom of the flag trend line support and it would also pretty much close that prior gap up So in my opinion its something...

chasethatmoney Updated 

Looking for a bounce off the bottom Channel and 89 day moving average blue line Entry above the prior days close

chasethatmoney Updated 

Possible Short setting up with a hanging man candle on the 1 day chart. We are almost at the top of the channel so a open under the hanging mans real body would be a good place to open a short position with a stop loss maybe just above the hanging mans upper wick i would also wait for the 1st 30 minutes of trading to conclude before possibly trading this as to...

chasethatmoney Updated 

Bull Flag Idea. I would Buy on breakout $64.00 with a stop loss at $62.60 and take profits at the fib extensions . If breakout is hit within the first 30 minutes of market open id wait for a break of that 30 minute high to buy to avoid possibly getting faded to the downside after open. If it takes off running at the open and explodes higher i wouldn't chase it...

chasethatmoney

Possible swing trade trade setup inside the channel Trigger would be ideal entry price and stop loss is also marked ideal take profit would be at the test of the upper channel line or sooner depending on your trading style