Support Gap Bullish Doji Continuation RBB Pattern
Trade of the day JNUG. On the daily chart, I see support followed by a gap over the 50-SMA and bullish Doji Continuation pattern that is now an (RBB) Rounded Bottom Breakout strategy. With bullish trading above the recent closes, I will be looking for a challenge of the Dotted Duece, about 24% away. With a successful challenge of the Dotted Deuce then the 200-SMA will be ready for the price challenge.
Knowing how to find and trade the RBB’s is a huge tool in my toolbox, and I think it should be in your toolbox as well…Why? Because it works! In this workshop you will recieve my order tickes for all trades FREE for 30-Days. We will also have a priviate (No Charge Workshop) right after November 1.
I assume you know about the “Trading For Wealth” As of Friday’s close the account is up 360% this year. We have gone from $5,100.00 to $23.259.00
Past performance is not indicative of future returns
Good Trading, Rick, and Trading Team
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SPY • SP-500
The SPY is hanging onto the 200-SMA for dear life, below $270.30 and the 200-SMA will be the next target move. Above $277.00 the next target move would be $281.60. The buyers took a huge hit last week, and it will take time and maneuvering for them to shed the bruises. Trading the next few days will likely be in a haze and a bit foggy. Translates to be careful, a few things I do in times like this is trade less, lower my position amount and don’t try so hard. (Remember don’t try to push string).
I assume you know about the “Trading For Wealth” Account if you can find it HERE. As of yesterdays close the account is up 364% this year. We have gone from $5,100.00 to $23.783.00
Subscription Plans • Private 2-Hour Coaching
****VXX – Watch lor consoladation and maybe a setup for a new trade.
Focus Trading Education
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, Fibonacci, Stoch/RSI
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Past performance is not indicative of future returns
Investing and Trading involve significant financial risk and is not suitable for everyone. No communication from Hit and Run Candlesticks Inc, Right Way Option, Trader Vision 2020, Top Gun Futures or Rick Saddler, Doug Campbell, Ed Carter, Steve Risner is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.
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