BRU Chart, page-1073

Early days, but with 3 touches, I’m calling the formation of a new Uptrend, Baby.



what needs to happen now is to breakout above the very LT DT noticed by John @dory (although to be fair, that only features 2 touches to date, it might actually be more valid if next time we touch it, we come back and have a little think to ourselves, like are we really ready yet and then go for our lives) ideally before November 24th, filling the 20c gap.
My charts are less about predictions than possibilities and consequences (ignoring fundamentals) so this new Uptrend, Baby is how I see it until it isn’t ie just like calling 13c new support doesn’t mean it can’t break, but if for some bizarre reason it does it’s a Sell signal, not an excuse to back up the truck telling yourself how clever you are… so this chart tells you when the fun is over if you see the Uptrend, Baby breaking down, it’s a signal to tell you to look for the next pattern thing (which could be a sideways range just as likely as any DT, then a new UT or a DT, you just don’t know until you see it.)
Did anyone notice ASX trading close was bang on 3.59pm? I thought it was 15 secs either way normally? Did someone win the Melbourne Cup ASX company sweepstake and hit the boozer a minute early before the normal auction period? Stuffed the bots good & proper, lol