๐ธ๏ธTicker Symbol: BAC ๐ธ๏ธTimeframe: 4 Hour ๐ธ๏ธBear Pattern ๐ธ๏ธInvestment Strategy: Short
TECHNICAL ANALYSIS: $BAC on the 4H timeframe is trading in a neutral regression trend. When we are trading sideways, I like to look at the bottom dashboard to get a better feel for potential market direction. The white line which represents "money momentum" we can tell is in the top red "selling section" while our candles are also testing the top red deviation level on the regression trend indicator. Historically in the past this has acted as a potential sign we could see a push lower on $BAC giving me an investment strategy of SHORT. Have a great day trading!
4X ๐ข Bull Pattern Confirmation Requirements
โ ๏ธ Linear Regression Indicator Increasing
โ ๏ธ Money Momentum Shifting Higher
โ ๏ธ Green Dot: Key EMA Crossover to Upside
โ ๏ธ Green Middle Band: Bull Market Momentum
4X ๐ด Bear Pattern Confirmation Requirements
๐ป Linear Regression Indicator Declining
๐ป Money Momentum Shifting Lower
๐ป Red Dot: Key EMA Crossover to the Downside
๐ป Red Middle Band: Bear Market Momentum
โ ๏ธ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TECHNICAL ANALYSIS: $BAC on the 4H timeframe is trading in a neutral regression trend. When we are trading sideways, I like to look at the bottom dashboard to get a better feel for potential market direction. The white line which represents "money momentum" we can tell is in the top red "selling section" while our candles are also testing the top red deviation level on the regression trend indicator. Historically in the past this has acted as a potential sign we could see a push lower on $BAC giving me an investment strategy of SHORT. Have a great day trading!
4X ๐ข Bull Pattern Confirmation Requirements
โ ๏ธ Linear Regression Indicator Increasing
โ ๏ธ Money Momentum Shifting Higher
โ ๏ธ Green Dot: Key EMA Crossover to Upside
โ ๏ธ Green Middle Band: Bull Market Momentum
4X ๐ด Bear Pattern Confirmation Requirements
๐ป Linear Regression Indicator Declining
๐ป Money Momentum Shifting Lower
๐ป Red Dot: Key EMA Crossover to the Downside
๐ป Red Middle Band: Bear Market Momentum
โ ๏ธ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.