Nice charting Nambo. Missed your stuff on the charts forum.
I see you are applying Hagopians rule on the LYC chart.
It may still play out but I would have expected it to be the next pivot low immediately after the failure. If it was just a small bear flag I would still expect the lower price but since its made a significant pivot I would be inclined to count it as a failure of the failure rule.
Having said that if you do a minifork with the handle on the third pivot low of your blue - its looking weak.
- Forums
- Charts
- weekend charting 21st and 22nd may
weekend charting 21st and 22nd may, page-16
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online