TLW - 1,2,3 low

oops - the chart didn't appear - I'm trying again ........

Thanks Remo - I can see what you mean - here's what I was looking at:

/Users/anneprice/Desktop/Screen Shot 2014-04-19 at 14.08.04.png

(back to the drawing board for me..... )

Hi anne
you should post a chart as it would be easier to see where you are going wrong

The 123 low breakout point was 813.5..This level broke out on the 8th april so you have missed the perfect entry already.
see chart below


dl.dropboxusercontent.com/u/4899609/tlw19thapril2014.png

This had a fake breakout before 813.5 but the price went below the 2 point after so chart would have to be redrawn.I have not labeled that on the chart as would confuse people.
hope that helps
remo

Morning all!

I've been looking at Tullow again and wondered if I might ask for views on a possible 1,2,3 low forming please?

When I look at the chart I can see two possible opportunities:

1) high formed at 920 on 20th Jan, low 736 on 14th Feb - in which case I'm waiting for 920 or

2) high formed at 867 on 6th Feb, low 736 on 14th Feb - in which case I missed the entry point this week - darn! (I like this option anyway as it's in the area of 879.5 which seems to be a long term support)

Maybe the range between 880 and 920 is an area to watch??

Am I on the right tracks? Do either of these seem to make sense to anyone - if not would you let me know where I should be looking??

Many thanks,
Anne