Hey Bav, an indication to exit a trade is any big tall wick either being red or way out of bollies. Those three circles on my chart are great examples especially seeing what happened straight after them.
Todays candle is out of bollies but the sell down from the days high was minimal and on low volume therefore it's not as though everyone was selling out so I'll take the punt and watch closely in the morning and decide on the price action in the early trading.
Plus if you look at my intraday charts, how could you close out based on any of those. Like, you either trust your charting or you don't.
Tomorrow could be different, we'll see.
Cheers
RAC - Charts & Price Action, page-21115
-
- There are more pages in this discussion • 1,835 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.59 |
Change
0.035(2.26%) |
Mkt cap ! $270.1M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.59 | $1.53 | $248.3K | 159.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1711 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 971 | 3 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |