Bulls may be targeting the top of the medium-term downward channel. A look into the consolidation zone ES has been trading within. Bullish candlestick formations on the monthly chart. Price Rallies Through Liquidity Zone We have seen higher prices in most equity markets since the CPI release came in lower than expected on November 10th. Read More…
The weekly chart shows a bullish false-break candlestick formation. Analyzing the support/resistance band on the 4-Hourly chart. A look into the 1-Hourly trend channel. False Break Candle The false break candle strategy is one we are familiar with at OneUp Trader, and for a good reason – its reliability! The pattern works because when the Read More…
Price bounces off the Parabola. The Cup & Handle target has been hit. ES maintains its bearish outlook and potential targets to note. The Cup & Handle From Last Week Last week we reviewed the Cup and Handle Pattern on the 1 Hourly ES chart here. Target 1 was met as the price bounced off Read More…
H&S target met on the 4-Hour Chart Prices retesting the downward channel on the daily Chart Support Level and high volume zone on volume profile In reference to our technical analysis back on August 18th, ES was trading at $4,260 and we saw a high probability of a break through the upper trend channel. This Read More…
