Doji Sammich In A Rounded Bottom Breakout

 Doji Sammich In A Rounded Bottom Breakout

WIN has presented us with a Doji Sammich in a Rounded Bottom Breakout Pattern. The T-Line and the 20-SMA have also started to rise. Recently WIN has been in a downtrend and back in February WIN planted its feet with a double bottom. We are looking for an about 20% trade with the normal bumps and hurdles.

The big game changer FOMC today. Let’s trade wise and profitable while preserving our capital.

We will discuss the trade in detail in our Members Morning Prep starting at 9:10 EST this morning. members morning briefing

Recently closed

VXX 6% • CAT 39% • TWTR 50% • FEYE 28% • OCN 39% • TWTR 54% QQQ 28% QQQ 179% • TWTR 180% VXX 375% VIPS 118% WTW 21.9% •

SPY and Price Action

Yesterday was a Doji close above the previous days low of $268.62 and the higher high / higher low chart pattern is still working. Today is all about the FOMC and how the market reacts. Below $264.50 would likely create a bigger bear, above $273.50 the bull has a chance to do its job. Stay back from the edge.

Candlesticks • Price Action • T-Line • T-Line Bands • Support • Resistance • Trend • 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 • Trade Planning

The VXX short-term futures

Keep an eye on the VXX; it can give clues to the amount of fear in the market.

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Investing and Trading involve 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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