Cookie Policy

Chartsview Blog

The Latest Blogs from Chartsview

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login

SLE daily 11/06/13

by in ChartsView Blog:
  • Font size: Larger Smaller
  • Hits: 3124
  • 0 Comments
  • Subscribe to this entry
  • Print
3124
Picture
San Leon formed an inside bar yesterday as shown in the highlighted circle. The usual way to trade these is in the direction that it moves out from the inside bar (with stops outside the limits of the covering bar).

There appears to have been a nice 3 wave correction down to the 5.8p support and that area is now key - it needs to stay above there to avoid lower prices.

On the upside, the level to watch is 6.75p - a close above that should signal a confirmation that the correction is over and higher prices should follow.
0
Trackback URL for this blog entry.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Friday, 29 March 2024