Bullish T-Line Run

MRO has been in a bullish T-Line Run and has slowed to move sideways for the 3^rd time. Each time the buyers picked it up and push higher. Yesterdays Bullish Harami is a clue that the buyers are still around and active. The last four bars have supported above the recent bullish construction. Bullish above $18.90, to learn more about entries join us in the member’s area or consider a trading coach.

Today At 9:10 AM ET. We will demonstrate live how MRO could be traded using our Simple Proven Swing Trade Tools

► Learn The Power Of Our Simple Trading Techniques 

On October 12, we shared, in detail, the technical chart properties of PNK in our members Trading Room and why we thought this chart was ready for a profitable run. Yesterday the swing profits would have been about 37% or $900.00 with 100 shares. Using our Simple, Proven Swing Trade Tools and techniques to achieve swing trade profits. (See Above) PNK is now setting up again with a Pop Out of The Box Pattern.

Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Continuation Patterns • Trade Planning

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► Eyes On The Market

The buyers managed to put together a Bullish Harami yesterday against the Bear Dark Cloud Cover (The Battle IS On). The buyers and seller will fight it out, and the chart will move higher or lower depending on the winner. The fight between the Dark Cloud Cover and the Bullish Harami will take place in bullish territory with price above the T-Line, and the T-Line is trending in the bullish direction.

The VXX short-term futures closed with an inside day Doji yesterday against an Island reversal breakout candle. Yesterday’s price action and close created the second bullish V-Stop support and closed above the Lower T-Line Band. Bottom line the VXX short-term futures are trying to construct a reversal bottom.

Rick’s Swing Trade ideas – MEMBERS remember to log into the members’ blog for the trade ideas – Member Login

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Candlesticks • Price Action T-Line • T-Line Bands • Support • Resistance • Trendlines • Chart Patterns • Buy Box • Volatility Stops • Profit Zones • Entry Zones • Protective Stops • RBB Rounded Bottom Breakout Strategy • Pop Out of The Box Strategy • Pinball Strategy • Continuation Patterns

Investing and Trading involves significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc. is financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

Rick Saddler is not a licensed financial adviser nor does he offer trade recommendations or advice to anyone except for the trading desk of Hit and Run Candlesticks Inc.

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