trend line test reversal example

Thats why i go on about first touch only.
When ever you have a good resistance level ,on the first attempt its worth shorting.
If how ever the price goes towards it the second time you should avoid

dyor
remo

dl.dropbox.com/u/4899609/aal22ndoct.jpg

this is a good example of how the trend line plays a major role in resistance

if you look at the chart you can see the price hitting the trend line perfectly and reversing.
Classic technicals at work.





dyor
remo