weekend charting 6-7 november take 2, page-26

  1. 2,829 Posts.
    fallingknife,

    I reckon that fork and trigger line point back at a big green circle, but I dont know what that suggests.......

    seriously though, that trigger line has been the basis for a trading channel for some weeks (it being the upper boundary of course), but it got broken today. Now it needs to be back tested for support.

    I dont think there will be the signiture cataclysmic event that sometimes accompanies trigger line breaches, because the fork was penetrated ages ago, and I think the effect wears off pretty rapidly.
 
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