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Saga

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8 years 11 months ago - 8 years 11 months ago #14603 by tenfourzero
Replied by tenfourzero on topic Saga
Different strokes for different folks, but I don't like to always go with the peaks and troughs when plotting a trend line - I like to find a tl that hits more candles without breaking (I'm not knocking Ronnie, I look out for her posts in fact!).

My chart fits a similar pattern, but indicates the breakout is yet to happen and the technical's (ADX/RSI/1433Stoch) support those candles testing the tl's, so it all fits in my eyes.

I'll be eagerly watching in early trading tomorrow.



I'm not used to sharing my charts so really do welcome any feedback.
Last edit: 8 years 11 months ago by tenfourzero.

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8 years 11 months ago #14596 by ronnie
Saga was created by ronnie
This is an interesting chart formation.

123 low breakout as well as broken above the down trandline so could be heading towards 200 day moving average.



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