Morning all
Sorry for the long post last night, just wanted to show the full line up for once.
LuckyV as per your request.
QBE
daily
Price is in the cloud with red and blue. Some consolidation and watch for a break out. Bull forward cloud.
ANZ
8 hour.
Nice bull trending. Circle shows price could rally to keep brown above candles.
daily
Bull trending with price still to test blue.
weekly
Price under bear cloud. Price reaching for the cloud and hitting resistance on brown line (circled)
Last night was to show interaction. ANZ tested the blue on the 8 hour. This shows as a drop from red in the daily. If resistance can be broken on the weekly, it will then rally to the cloud.
BlackEnos1 as per request.
EXT
8 hour
Bull trending with proven support (circled). A new rally would cause red to cross blue for strong bull signal.
daily
Similar to the 8 hour but the recent retrace goes to no lines on the daily. That is why I follow multiple t/f's. Again watch for the red to cross blue to continue bull trending.
Mistyrains, I found price was not in any clouds in the initial rally.
Price rallied above this cloud and then used it as support.
Newjo as per request.
AXM
daily
Price tested resistance at the cloud and is now back to bear trending.
weekly
Bear trending with some tests of resistance at the blue line.
A new low would change that blue line to pointing down.
I would look to lower t/f's for signs of any rally.
