The thing had a double top at 54(55) CONFIRMED when it fell thru 44,the range was 10(44 to 54)X 200% =20, 54 minus 20 gives us 34 yeah so it fell to 32 close enough,anyhow traders should have been selling at 54 when the body of that huge red candle was more than 50% outside the top bollinger band,that brings us today,we now have a double bottom at 32 the other side at 33 and a top of 54 giving us a range of 22 X 200% you do the maths.
Double tops double bottoms I LOVE EM,guys keep it simple
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RCH
richfield group limited
The thing had a double top at 54(55) CONFIRMED when it fell thru...
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