- Posts: 898
- Thank you received: 2318
XEL
13 years 9 months ago #2889
by Jackozy
106p has again proved to be resistance so far today. If this fails to break through on this occasion then it could be forming an inverse H&S so there may be a possibiity for a good entry on a backtest of the main downtrend (shown) which it broke out of a few days ago. Here's the close up daily chart:
dl.dropbox.com/u/20815047/XELdaily09_01_13.gif
dl.dropbox.com/u/20815047/XELdaily09_01_13.gif
The following user(s) said Thank You: remo, Elena Saratov, AdeMcG, Broad-rock, deadcatb0unce, annes goal, CT79, elsgly, crossed digits, pj66 and 4 other people also said thanks.
Please Log in or Create an account to join the conversation.
Moderators: remo