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a chart update

  1. 1,268 Posts.
    Hi friends,

    Here is a chart of POH to update those who are interested in channels, trendlines, pitchforks and also oscillators.

    The blue dot has worked reasonably well, missing out on two occasions in a time span of one and a half years. You can identify these two occasions by looking at the chart and the blue dot.

    If a blue dot is seen, when the oscillator is well down the oversold horizontal line, that might well be indicative of the bottom for an oversold rebound. So keep tuned!

    For projections, timing and patterns, will post later on, possibly over the weekend. Meanwhile, trade safe, trade well. Hope this chart is useful and interesting to some.



    Cheers

    dascore
 
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