Measured move, ND top, Bear wedge, Bull Flag. Study the Fib retracements re the "measured move...and the peak just before end of day.
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Here's the Mpeg chat to go with the above chart....Note this is an auto playing audio file.....Switch your speakers on 
I've changed the timesacle tonight- there's a lot toget in today.
A Diamond with ( so far) a characteristic false break( last 3 times).Measured move with flag/conso and 559 target.2 flags that did nothing....then a major greenie tank and recovery, ending in RS switch.Note the Fib recovery points. Didn't really help on the way down to pinpoint the bottom...
A Diamond with ( so far) a characteristic false break( last 3 times).Measured move with flag/conso and 559 target.2 flags that did nothing....then a major greenie tank and recovery, ending in RS switch.Note the Fib recovery points. Didn't really help on the way down to pinpoint the bottom...
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What can I say Still,just for those that don't know the rule, trade what you see, not what you think. Not a lot to see from today's action, just a Bear Flag ( not seen that in a while ) that has a target of 464. Whether it will get there, wait and see... No audio commentary for this one...
Still,just for those that don't know the rule, trade what you see, not what you think. Not a lot to see from today's action, just a Bear Flag ( not seen that in a while ) that has a target of 464. Whether it will get there, wait and see... No audio commentary for this one...Attachments
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Another "uninteresting " day from a TA point of vew, but there examples of H&S with targets that performed. Seems yesterday was full of them, both normal and inverted.
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