TF STRATEGY
#TFStrategy: Symmetric Triangle in "The Walt Disney Company" (DIS)
The Walt Disney Company, is the largest media and entertainment company in the world.
The symmetrical triangle is a pattern with higher minimums and lower maximums.
We can consider the crossing of the moving averages of 200 and 50 periods, indicating a change of trend in the price of the stock.
Temporality of the graph: 1 hour
This type of pattern is of the non-directional type. That is, there are two possible operations:
If the triangle breaks up, at an approximate price of $134.6 is expected a long operation, with Take Profit around $147.9 and Stop Loss at $129.45 per share.
If the price breaks down, at an approximate price of $132 is expected a short position, with Take Profit at $119.7 and Stop Loss at approximately $137.8 per share.
The risk-reward ratio in the long and short operation is 2.55
#TFStrategy: Symmetric Triangle in "The Walt Disney Company" (DIS)
The Walt Disney Company, is the largest media and entertainment company in the world.
The symmetrical triangle is a pattern with higher minimums and lower maximums.
We can consider the crossing of the moving averages of 200 and 50 periods, indicating a change of trend in the price of the stock.
Temporality of the graph: 1 hour
This type of pattern is of the non-directional type. That is, there are two possible operations:
If the triangle breaks up, at an approximate price of $134.6 is expected a long operation, with Take Profit around $147.9 and Stop Loss at $129.45 per share.
If the price breaks down, at an approximate price of $132 is expected a short position, with Take Profit at $119.7 and Stop Loss at approximately $137.8 per share.
The risk-reward ratio in the long and short operation is 2.55
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.