Also known by the Japanese word sanku, the Three Gaps candlestick pattern contains (surprise, surprise!) three distinct gaps. Although there are two different versions of the signal (one bearish, one bullish), today we’re focusing on the Three Gaps Up pattern, which looks like a small staircase with gaps between some of the gangly stairs. This strong, defined upward trend may indicate that a reversal is on the way. Although the Three Gaps Up pattern isn’t a tremendously popular signal, its simple message should not be overlooked. To better understand its arrangement and significance, simply scroll down.
Continue Reading
Rick’s Featured Trade Ideas
We have 13 members trade ideas but no featured trade idea today.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
Hit& Run Candlesticks teaches you success
Member’s trade idea September 2, (AMBA) short working 41%%
Member’s trade idea September 11, (ADPT) Short working 41%
Member’s trade idea September 15, (INSM) short working 34%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading
Rick’s Featured Trade Ideas
CSTE/Long (Basic materials) CSTE has posted higher lows and higher highs coming off the bottom with a Rounded Bottom Breakout and an explosion candle off a double bottom. The past week we’ve seen minor profit taking and resting on the T-Line with the Doji at the close of yesterday.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
CSTE/ Profits through education Nov 12
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $
Risk Reward 9:1 depending on entry/exit/stop
Hit& Run Candlesticks teaches you success
Member’s trade idea October 8, (VTL) currently up 83%
Member’s trade idea August 13, (WTW) currently up 207%
Member’s trade idea October 27, (MEET) currently up 18%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading
Rick’s Featured Trade Ideas
EXEL/Long (Healthcare) EXEL has had a nice run from its early 2015 lows. After a bullish gap in July, EXEL has consolidated forming a four-month symmetrical triangle and is now showing signs that the Bulls want to break price out over its long-term downtrend line. Yesterday, closed with a Bullish Engulf after a one-day pull back to the 50-day simple moving average.
Education builds confidence for success!
We go over all Trade Ideas (entry, stop, targets) in the trading room starting at 9:10 AM EDT today.
EXEL/ Profits through education Nov 10
Possible entry plan idea: Buy box $Members Only
Possible stop plan idea: Close below $
Risk Reward 15:1 depending on entry/exit/stop
Hit& Run Candlesticks teaches you success
Member’s trade idea October 5, (LOCK) currently up 61%
Member’s trade idea November 4, (MDR) currently up 8%
Member’s trade idea November 5, (ICPT) currently up 12%
Hit & Run Candlesticks/Right Way Options Membership
Starts Here – Click Here
Continue Reading
