Dow Intraday Charts 16/04 - 20/04

ChartMan

Legendary member
5,580 46
Dow Intraday Charts 15/04 - 19/04

Not a lot to show here- triangle break to the downside and H&S top...
 

Attachments

  • id160402.gif
    id160402.gif
    19.3 KB · Views: 299

ChartMan

Legendary member
5,580 46
Not alot to show for today's big rise either. The action was all in the first 3 minutes....took a while, but the action ended up around the 100MA....Maybe something interesting will show up tomorrow.
 

Attachments

  • 16_04_02.gif
    16_04_02.gif
    14.3 KB · Views: 286

ChartMan

Legendary member
5,580 46
Again , not a lot to see today. A failed "W", PD bottom Inv Head & shouders (failed bottom) adn divergent top...
 

Attachments

  • 17_04_02.gif
    17_04_02.gif
    16.5 KB · Views: 257

ChartMan

Legendary member
5,580 46
Interesting Bear flag. Would it have met target if it were not for the plane crash???? Coincidence???. 2 3 pk Positive divergent bottoms- not seen those in a while ...
 

Attachments

  • 18_04_02.gif
    18_04_02.gif
    15.7 KB · Views: 262

Riz

Experienced member
1,266 5
I think we should just ignore the V shape occurred as a result of plane crash, since it helped a few patterns formation, such as the big inv. H&S on 5 min, which should be treated with a pinch of salt...

Riz
 

ChartMan

Legendary member
5,580 46
Agree 100%- it really screws TA when that happens. My point was this: would the bear flag target still have been reached if the plane crash had not occured? We'll never know....
 

ChartMan

Legendary member
5,580 46
At last some decent happenings. extended time bull flag that (eventually) made target of 64. 3 pk confirmed ND top. A possible RS switch and a 2 slope change..my favourite ( just). Price below 100MA and regression line plus a strong finish tonight.... Monday could be fun :)
 

Attachments

  • 19_04_02.gif
    19_04_02.gif
    16.1 KB · Views: 229
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock