This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Hi,what could be the next move after today's 6% down,we've already reached your price target (180-185)best regards Witold
today was a bearish power candle so I wouldn't be trying to pick a bottom.Would trail a stop if short above todays high and wait for a reversal candle before considering any longsWill try and update the chart tomorrow
Hi,today's bullish price action is supporting possibility of trying to pick a bottomWitold
today was just an inside day,(harami) Best to watch the 50-61.8% retracement "box" and wait for it to reverse out of itWednesdays candle has turned me more bearish although we might bounce first
Thanks. I think it wants to rest your blue line. We'll see