Antofagasta

remo wrote:

Libero wrote:

remo wrote: test
what pattern could you see on ANTO??????
You will have to look carefully as the pattern has developed over the short term(last month)

Well, the 1-2-3 low seems to be in play; but is that a "cup" being formed?

spot on mate...
cup and handle
or
rounded bottom

Target hit!

But it looks like it wants to go higher this one:

Likewise FRES, but not KAZ as large w/o coming.

uk.finance.yahoo.com/echarts
s=ANTO.L#symbol=anto.l;range=6m;compare=kaz.l+fres.l;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Libero wrote:

remo wrote: test
what pattern could you see on ANTO??????
You will have to look carefully as the pattern has developed over the short term(last month)

Well, the 1-2-3 low seems to be in play; but is that a "cup" being formed?

spot on mate...
cup and handle
or
rounded bottom

remo wrote: test
what pattern could you see on ANTO??????
You will have to look carefully as the pattern has developed over the short term(last month)

Well, the 1-2-3 low seems to be in play; but is that a "cup" being formed?

test
what pattern could you see on ANTO??????
You will have to look carefully as the pattern has developed over the short term(last month)

good spot libero
Ive gone long on this as well now...
this is currently above the down trend line so possible trend change and also the 123 low set up. Since they both appeared at similar levels it adds to the trend change possibility.
My stop is below the 2 point so risk of 60 pips.

first target is 923


dl.dropboxusercontent.com/u/4899609/anto24thjuly.png