Trading Setups

tf/tradingsetups

Share your chart setups, technical analysis, and trade ideas with the community.

7 members2 postsCreated about 2 months ago

All Text Links Images Polls Trade Ideas DD

All Chart Art DD Discussion Fundamental Long Setup Meme News Question Short Setup Technical Analysis Watchlist

312

Posted by u/swing_king•about 2 months ago

Watchlist for the week of April 7 — 5 clean technical setups

1. NFLX — Double bottom at $680Support tested twice with bullish RSI divergence. Breakout >$705 confirms. Target $760, stop $668.2. AVGO — 3-month range breakoutRange $160-$180 since January. Volume expanding. Entry >$182, target $205, stop $174.3. MA — Pullback to ascending trendlineBullish trendline from October touched for the 4th time at $490. RSI at 40. Target $530, stop $480.4. PLTR — Tight bull flag after earningsPost-earnings gap up, flag consolidation. Entry >$28, target $34, stop $25.50.5. GS — Weekly ascending triangleResistance at $520 tested 3 times. Ascending support. Breakout imminent. Target $570, stop $495.

5 Comments

187

Posted by u/swing_king•about 2 months ago

Bollinger Bands strategy — how do you use them to tell if the market is trending or ranging?

I've been studying Bollinger Bands and I understand the basics (20 SMA with 2 standard deviation bands), but I'm struggling with the practical application.My main questions:How do you use Bollinger Bands to tell whether the market is trending or ranging before the trade?What signals (band width, squeeze, candle closes outside the bands) do you actually rely on?Do you use them alone or combine with other indicators?I keep getting faked out — price touches the upper band and I short thinking it's overbought, but the market just keeps trending up. Clearly I'm misusing them. What am I doing wrong?

6 Comments