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re: anyone with a retrace chart. legs Yesthats just candle...

  1. madmacs
    25,374 Posts.
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    16/03/06
    14:59
    Post #: 1436818
    re: anyone with a retrace chart. legs


    Yes
    thats just candle speak
    If the lower shadow Tail is longer than the top body
    It tends to mean a rejection of the low at 5.8 and a recovery to the open level at 6.1, is a bullish harami.
    The gap (mostly filled) and the Fibonacci level 5.9 holding up the retrace adds creedence to this..

    I reckon a close at below the earlier 5.9 top level is a stoploss imo






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d="m31.21,9.13h7.29v1.67h-2.97v4.97h2.97v1.67h-7.29v-1.67h2.86v-4.97h-2.86v-1.67Z"/> <path class="tmo-primary-colour-cls-5" d="m37.1,0h1.4v7.51h-7.29V.1h1.4v5.75h1.5V1.05h1.4v4.8h1.6V0Z"/> </g> <g> <rect class="tmo-primary-colour-cls-1" y="3.36" width="3.37" height="23.56" rx="1.68" ry="1.68"/> <path class="tmo-primary-colour-cls-1" d="m13.46,3.36h0c.93,0,1.68.75,1.68,1.68v20.19c0,.93-.75,1.68-1.68,1.68h0c-.93,0-1.68-.75-1.68-1.68V5.05c0-.93.75-1.68,1.68-1.68Z"/> <path class="tmo-primary-colour-cls-2" d="m25.24,26.92h0c-.93,0-1.68-.75-1.68-1.68V5.05c0-.93.75-1.68,1.68-1.68s1.68.75,1.68,1.68v20.19c0,.93-.75,1.68-1.68,1.68Z"/> <rect class="tmo-primary-colour-cls-4" x="5.89" width="3.37" height="23.56" rx="1.68" ry="1.68"/> <path class="tmo-primary-colour-cls-3" d="m19.35,23.56h0c-.93,0-1.68-.75-1.68-1.68V1.68c0-.93.75-1.68,1.68-1.68s1.68.75,1.68,1.68v20.19c0,.93-.75,1.68-1.68,1.68Z"/> </g> </g> </g></svg> </a> </div> <hr class="has-background-primary dropdown-divider ht-1 mb-10"> <div 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<span class="no-asx-code has-text-centered">NEWS</span> <a href="https://bit.ly/40xdSaZ" title="https://hotcopper.com.au/opinion/contributors/150324/trump-is-president-again-what-does-this-mean-for-crypto/#FEATUREDNEWSLINKS14_20241108" class="widget-fnl-link-a is-flex is-justify-content-space-between" ctr="1" asxcode="none"> <span class="fnl-text mt-5 ellipsis is-ellipsis-2">Trump is President Again: What Does This Mean for Crypto?</span> <div class="orange-side"> <span class="orange-arrow"><i class="arrow-right"><?xml version="1.0" encoding="UTF-8"?><svg width="25px" height="40px" viewBox="0 0 25 40" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <title>right-arrow</title> <desc>Created with Sketch.</desc> <defs></defs> <g id="Icons" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd" transform="translate(-1043.000000, -192.000000)"> <g id="right-arrow" style="fill: currentColor;" transform="translate(1043.000000, 192.000000)" fill="#000000"> <polygon id="Shape-Copy" transform="translate(12.500000, 20.000000) rotate(-180.000000) translate(-12.500000, -20.000000) " points="20.0665 0 0 20.2517849 19.5685 40 24.502 35.021823 9.865 20.2517849 25 4.97817696"></polygon> </g> </g></svg></i></span> </div> </a> </div> <div class="widget-fnl-item is-flex is-justify-content-space-between" ctr="2" theme="light-gray"> <a href="/asx/eqn/" class="tag-type-symbol wt-50"> <span class="stock-pill-large">EQN</span> </a> <a href="https://bit.ly/4fAHA2V" title="https://hotcopper.com.au/asx/eqn/#FEATUREDNEWSLINKS3_20241108" class="widget-fnl-link-a is-flex is-justify-content-space-between" ctr="2" asxcode="EQN"> <span class="fnl-text mt-5 ellipsis is-ellipsis-2">Equinox Resources reports outstanding naturally occurring antimony grade at Alturas Project</span> <div class="orange-side"> <span class="orange-arrow"><i class="arrow-right"><?xml version="1.0" encoding="UTF-8"?><svg width="25px" height="40px" viewBox="0 0 25 40" 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title="https://hotcopper.com.au/news/asx-news/150338/week-45-wrap-combat-sports-usher-in-trump-2-0-or-is-it-male-insecurity-rba-boring-propane-suggests-china-alive/#FEATUREDNEWSLINKS5_20241109" class="widget-fnl-link-a is-flex is-justify-content-space-between" ctr="3" asxcode="none"> <span class="fnl-text mt-5 ellipsis is-ellipsis-2">Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive</span> <div class="orange-side"> <span class="orange-arrow"><i class="arrow-right"><?xml version="1.0" encoding="UTF-8"?><svg width="25px" height="40px" viewBox="0 0 25 40" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <title>right-arrow</title> <desc>Created with Sketch.</desc> <defs></defs> <g id="Icons" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd" transform="translate(-1043.000000, -192.000000)"> <g id="right-arrow" style="fill: currentColor;" transform="translate(1043.000000, 192.000000)" fill="#000000"> <polygon id="Shape-Copy" transform="translate(12.500000, 20.000000) rotate(-180.000000) translate(-12.500000, -20.000000) " points="20.0665 0 0 20.2517849 19.5685 40 24.502 35.021823 9.865 20.2517849 25 4.97817696"></polygon> </g> </g></svg></i></span> </div> </a> </div> <div class="widget-fnl-item is-flex is-justify-content-space-between" ctr="4" theme="light-gray"> <span class="no-asx-code has-text-centered">NEWS</span> <a href="https://bit.ly/3CmQCT6" title="https://hotcopper.com.au/news/asx-news/150339/hotcopper-highlights-your-most-watched-and-most-discussed-stocks-this-week/#FEATUREDNEWSLINKS6_20241109" class="widget-fnl-link-a is-flex is-justify-content-space-between" ctr="4" asxcode="none"> <span class="fnl-text mt-5 ellipsis is-ellipsis-2">HotCopper Highlights: Your most watched and most discussed stocks this week</span> <div class="orange-side"> <span class="orange-arrow"><i class="arrow-right"><?xml version="1.0" encoding="UTF-8"?><svg width="25px" height="40px" viewBox="0 0 25 40" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <title>right-arrow</title> <desc>Created with Sketch.</desc> <defs></defs> <g id="Icons" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd" transform="translate(-1043.000000, -192.000000)"> <g id="right-arrow" style="fill: currentColor;" transform="translate(1043.000000, 192.000000)" fill="#000000"> <polygon id="Shape-Copy" transform="translate(12.500000, 20.000000) rotate(-180.000000) translate(-12.500000, -20.000000) " points="20.0665 0 0 20.2517849 19.5685 40 24.502 35.021823 9.865 20.2517849 25 4.97817696"></polygon> </g> </g></svg></i></span> </div> </a> </div> <div class="widget-fnl-item is-flex is-justify-content-space-between" ctr="5" theme="light-gray"> <span class="no-asx-code has-text-centered">NEWS</span> <a href="https://bit.ly/40Crfqc" title="https://hotcopper.com.au/threads/ann-andover-south-drilling-update.8303604/page-114?post_id=76505784#FEATUREDNEWSLINKS2_20241108" class="widget-fnl-link-a is-flex is-justify-content-space-between" ctr="5" asxcode="none"> <span class="fnl-text mt-5 ellipsis is-ellipsis-2">Update on the ASX' most anticipated drill campaign</span> <div class="orange-side"> <span class="orange-arrow"><i class="arrow-right"><?xml version="1.0" encoding="UTF-8"?><svg width="25px" height="40px" viewBox="0 0 25 40" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <title>right-arrow</title> <desc>Created with Sketch.</desc> <defs></defs> <g id="Icons" stroke="none" stroke-width="1" fill="none" fill-rule="evenodd" transform="translate(-1043.000000, -192.000000)"> <g id="right-arrow" style="fill: currentColor;" transform="translate(1043.000000, 192.000000)" fill="#000000"> <polygon id="Shape-Copy" transform="translate(12.500000, 20.000000) rotate(-180.000000) 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