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Saga 01 Mar 2017 17:20 #1

  • tenfourzero
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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: 01 Mar 2017 17:21 by tenfourzero.
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Saga 01 Mar 2017 10:21 #2

  • ronnie
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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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