chalea it also is such a strong wave overall that when it is stagnent so to speak the trading is in a tight band ie 28to26.5 .this is where if you where trading say medium/long term you would be confident to stay in because you know there is more upside and when it starts again will again move rapidly in % terms .the next 4 sideways will do similar to your observation of the weekly doji but in a longer timeframe. trick is to keep watching the moves and observe because all timeframes trade within bigger timeframes ect.i will try to help out weeks/months down the track to spot the impending finish of the overall wave that started at 1.2c because it will have a correction (sharp)and it will knock the stuffing out of most who stay in if there not aware of it .is this correction going to tie in with a correction of the overall asx it can be more than coincedence(wrong spelling i know)but that looks to be a long way off just yet .hpoes that helps.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
