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Not just wedges Martin- structures....and they occur on all time...

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specgoldbug

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20/09/17

14:40

Post #: 27344094
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Originally posted by Martin Gifford ↑

Okay, you've got me interested in wedges after today's XJO drop. So I saw this on 1 minute charge of GSW. The selling was relentless and it went past the gap, so I was timid. But it played out $1.66 to $1.85 so far in nearly a straight line. What happened to the aggressive sellers? And can you tell me if the old Iron ore daily chart were wedges? I saw the first one and warned a friend who was shorting it. But normally, you need three touch points for a line. The moves certainly are strong in both charts. GSW 1min chart first, then Iron Ore daily:

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Not just wedges Martin- structures....and they occur on all time zones and are reliable mostly....I am almost certain this is part of the programming....horizontal trend lines at ones peril - forex is a diagonal beast and horizontal lines offer stop raid targets

Pretty sure we have a 15 min bear flag on xjo-
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