Hey guys, I didn't act today as it's a Friday in a pretty turbulent market but I thought I'd add the following.
You may remember I have been critical of the high wicks outside of bollie bands (red circles) and that are sell signals and wait for re-entries. Well the opposite is true and a long wick below bollie bands (green circles) are entry signals.
Todays wick too far below bollie bands was an entry signal IMO.
Will now have to wait for a few sessions to see if I'm on the ball or not.
Don't go too hard on me if I'm wrong, there was only 185k units sold into .033 and it's a crazy market but I've got to have faith in my system as it's right far more times than its wrong.
Cheers.
BLG chart, page-812
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.64M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.1¢ | $45.34K | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1731207 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 746699 | 7 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| BLG (ASX) Chart |