Volt mate,
You invented the voltaire wobble!!!
Basic mathmatics would suggest that if the "next" higher high
does not exceed the prior high by 'double', then the next median line MUST inevitably point down. The Voltaire wobble should form an impenetrable area, just below the reversal (in the retracement case).
If the next ML points down, I (or my successors) should be able to locate a retest on the upper boundary (resistance tine) which flowed from that (lower) high, and profit from working a position around it
- Forums
- ASX - By Stock
- XJO
- does is start from tunisa?
does is start from tunisa?, page-39
-
-
- There are more pages in this discussion • 16 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
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,186.3 |
Change
36.300(0.45%) |
Mkt cap ! n/a |
Open | High | Low |
8,150.0 | 8,199.6 | 8,147.5 |
Featured News
XJO (ASX) Chart |