chart thread only please, page-30

Max Action,
I here what you are saying and yes you where wrong…. but right... lol
It was a Double Top.
But it was at 24.5c Check your line Chart.....
Note the top of the Green Candles should tell you that... and should tell you to take more care in reading your candles and a good lesson to learn imo..
I'm not being a Smart A...just trying to help.
Notice the Full Body of both Green Candles Marks the TOPS...
Also note from the top of the Pattern the retrace is 100% plus a bit...so Pattern complete...imo
I have had a look at this one as a trade and that's it, due to the downtrend it has been in.
But if you look at the Blue SEC it is still in uptrend, just Volatility is High..
Mad Max may comment on that accumulation period's etc...
Will it break that down trend, time and 15.5c will tell imo..
But if you look at those Major Points you may well be getting in at the bottom.
But with tight stops..imo
Cheers Pete
PPS here are some good links That are handy just Remember the Basic's eg… Cup & Handles DON'T FORM IN DOWN TREND'S…LOL HINT..
I don't know what your software is or saying but it either is very right or needs to go in the Bin..lol
Good Luck
Pete..
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_bottom

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:double_top_reversal