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jacobosiason7
4 de Nov. de 2021 21:59

Ascending Triangle Forming- Bullish Largo

The Trade Desk, Inc.NASDAQ

Descripción

TTD looking really nice here- Big ascending triangle forming along with a falling wedge on shorter timeframes (not pictured). Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish & looking for a breakout

- EMA's consolidating- sitting right on the 200day EMA
- Inverse Head and Shoulders formed on the weekly timeframe (See Chart Below)
- Bollinger Bands Squeezing on the weekly timeframe as well
- Bullish Gartley formed on the daily timeframe (Not pictured)
- Slight bullish divergence on the RSI

PT1- $74.33
PT2- $76.55
PT3- $78.33
PT4- $83.34

Weekly Timeframe-

Comentarios

All Price Targets Reached ✅

Operación cerrada manualmente

12/17' 85 calls closed circa 255%
Comentarios
jacobosiason7
All Price Targets Reached ✅
jacobosiason7
PT1, PT2, & PT3 Reached ✅
rp227
great job !
jacobosiason7
@rp227, Thank you!
ayalhagay
Thought an ascending triangle is bearish...
jacobosiason7
@ayalhagay an ascending triangle is bullish as it will inevitably break above. A descending triangle is bearish as the underlying will inevitably break below. A symmetrical triangle is neutral as the underlying can break in either direction
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