I agree guys, a break of that little downtrend line (the top of the flag would be safe entry IMO. Nice bounce off the uptrend line on the weekly chart also. Volume looks good. You could try and buy it now on consolidation, but these kind of pullbacks can keep drifting further down than you think. Best thing to do IMO is look for volatility to slow right down giving a safer and more stable entry. A small doji or spinning top is ideal as long as other indicators check out.
- Forums
- ASX - General
- trading example for short term trade
trading example for short term trade, page-6
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)