Afternoon trading January 8, page-69

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    Here's an anomoly. Larger timeframe charts are supposed to control lower timeframe chart trend direction so guess which chart is going to have to snap back higher to get back in synch wth the higher timeframe charts?
    GTR 2.9 weekly chart - heading higherhttps://hotcopper.com.au/data/attachments/2790/2790398-b7bb042b5759443dcce8241167e175b8.jpg
    GTR 2.9 Daily chart - heading higherhttps://hotcopper.com.au/data/attachments/2790/2790402-162bd79610c251421f39cce8ff2f9f2e.jpg
    GTR 2.9 pulling back to test the 50sma for support and out of synch with dominant timeframes - the snap back higher should be a tradable event
    https://hotcopper.com.au/data/attachments/2790/2790412-f6e1fe0138f0c32b25e0dbf84168b343.jpg
    Last edited by Patterns: 08/01/21
 
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