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Bayswaterguy

1,737 Posts.

106

06/02/19

16:56

Post #: 37352347
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Originally posted by Cabbie ↑

SPT @bowser. - Well, that ending really stole my thunder. SPT I wasn't too keen on it yesterday and discussed a channel pattern with @tskoo which turned out to be correct..

Today after the first two 15m. bars I was also not impressed ( if you got that open bar then sold on the next two great) - the volume on the second green bar set the standard for the rest of the day (low spread which indicates a weak bar) and finally it's unable to make a new high and as one poster pointed out the double top.

The final bar which I didn't expect is a strong down bar with volume but demand was present to see it close up a bit - if I was thinking to trade tomorrow I'd set a stop at about 81.

I'll post the 15m. but it's worthwhile noting that the overall daily bar presents as a weak up bar with low spread and a decrease in vol..

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@Cabbie I'll play hot potato for you.
@Bowser. Just tagging msg to you.
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