FFX 0.00% 20.0¢ firefinch limited

FFX_Chart Only Thread !, page-232

  1. YLJ
    819 Posts.
    lightbulb Created with Sketch. 870
    @sampearso10
    IMHO opinion some more confirmation is required...
    I have been watching that "Double Bottom" on the daily chart. Definitely a start, but according to
    strict Classical Charting definitions (as defined by R.W Shabacker), it does not fulfill the criteria of
    an unquestionable Double Bottom, based on the duration between the bottoms, the extent of the rise
    between them, and the volume characteristics. (He seems to have been particularly bothered by the
    frequent misdiagnosis of this pattern, even in his times, and dedicated a section to it titled " A Much
    Misunderstood Formation"). I would personally be looking for some closes above 1797-1800.
    Either way, I certainly hope you are right!
    https://hotcopper.com.au/data/attachments/3100/3100854-94a353aa797d33a3460f784731a25f02.jpg
    https://hotcopper.com.au/data/attachments/3100/3100861-f7912e377ee38c1a913d2ef044504192.jpg

    XAU/AUD looks like it will need a bit more of push...
    https://hotcopper.com.au/data/attachments/3100/3100864-23d0d5009be6ee4148278e943bbccdc2.jpg
    Last edited by YLJ: 18/04/21
 
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