weekend charting 22-24 oct for gj, page-50

  1. 1,568 Posts.
    CLY
    CLY 231010D

    purple shows the downtrend and looking at the divergence on the stochs i added the red fork for potential future movement....struggling to break above that 38.2% fib 195EMA region.....look for a breakout above the purple line and a breakout on the stochs before an entry, i would even wait for a retest of the resistance to occur before committing as the chart appears in an overall downtrend

    DMA
    DMA 231010D

    arrrghhh i dont wanna look....i was lookin at an entry of .135 when those stochs were uptrending but didnt take it...and then zoooom!! congrats to you if you made the trade

    good repeating ranges here, but it looks to me to have just completed the range right up around the purple channel resistance levels as well, i would look for a fall from here with stochs where they are, but dotted purple lines are the resistance levels on further moves
 
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