@Jezzaaa this was more what I was saying. Every single high to low drop, moves back to test the 62% fib of that drop. Admittedly here its governed by 0.005 pip moves, so doesnt hit exactly on the line. Next look at the left hand fib extensions. It gaped from the 62 up above the 162, rose to the 262 and then pulled back to the 162 line. That next jump after should have gone further, but failed, so was in consolidation after that. Easy to say now, hard to predict at that time. So now we want to find the next micro-move off one of the patterns. Upward signals are starting to show by the look of it, and I like that centre fib extension set the best. From that, a break, and hold / backtest of 19/19.5c would bring the 262 line into play most likely as the next micro move. Then again, this could all go out the window with some big volume, and alternatively it could slow and break downwards. Time will tell... so GLTA! Try this type of thing on nasdaq futures 5min chart to learn it more if interested. Do the reverse mapping for downward trends.
2021 Charts, page-307
-
- There are more pages in this discussion • 3,493 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
Add AGY (ASX) to my watchlist
|
|||||
Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $56.78M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.8¢ | $119.9K | 3.030M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2517 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 825257 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2517 | 0.039 |
13 | 1903344 | 0.038 |
16 | 1385646 | 0.037 |
10 | 1802435 | 0.036 |
22 | 3871340 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 825257 | 3 |
0.041 | 375231 | 4 |
0.042 | 191101 | 4 |
0.043 | 1077541 | 8 |
0.044 | 1440626 | 5 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online