irynka thanks for all that. I'll check out Bullcharts for interest.
We also use Guppy's Count Back Line (conservative entry I know but perhaps a good idea in this market) ie following the down trend and counting back successive highs for 3 periods of higher sp closes. Waiting for a close above that
level.
COE crossed that WED ie .43 on July 30th but our Tutor also says wait for confirmation.
Thurs sp finished down on lower volume as you said and closed still above the tee line (on incredible charts)
...........here's hoping it's on its way now !
Yep I also noted the candle additon pattern you mentioned.
S
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11 | 407050 | 0.210 |
7 | 816265 | 0.205 |
15 | 930535 | 0.200 |
2 | 350000 | 0.195 |
Price($) | Vol. | No. |
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0.230 | 140700 | 4 |
0.235 | 473368 | 9 |
0.240 | 1752474 | 26 |
0.245 | 414254 | 9 |
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