Looking at this trading range, I've spotted a previous bearish cypher, a current bullish cypher. Price Action has retrace back to the Previous (B) leg of the Bearish Cypher. The Previous resistances, is currently acting as support for the D leg of the present bullish cypher.
We can confirm this w/ the bottom of the Stoch RSI.
I'm looking to buy put options on
FAZ ( the financial 3x bear ETF ) near the open bell Monday Morning.. I can also buy shares in the premarket of 
XLF or call options. It will depend on the price action of both at that time.
We can confirm this w/ the bottom of the Stoch RSI.
I'm looking to buy put options on
FAZ ( the financial 3x bear ETF ) near the open bell Monday Morning.. I can also buy shares in the premarket of XLF or call options. It will depend on the price action of both at that time. Note
triple bottom on 4hr time frame by AD + Chikou Span + Price Action (bullish)also Stoch RSI shows oversold
Note
buyers are stepping in at this level. I just shorted the FAZ financial bear 3x etf..It broke out of the cup and handle pattern, and currently retracing
Note
FAZ Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.