XTL 1.43% 4,362.2 s&p/asx 20

Hi All,Love all your work.A happy follower of this chart thread...

  1. 264 Posts.
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    Hi All,

    Love all your work.

    A happy follower of this chart thread so thought I would put up one that caught my interest (I have no idea of FA on this).


    LVT Daily below

    1) A very high volume 2 Bar Reversal

    2) Price holding in a very tight range on lower volume.


    Will it go into a long sideways motion?

    How would you trade something like this? Obviously more needs to play out on the weekly for more confidence to set in.

    Wait until a clear uptrend is at work?


    https://hotcopper.com.au/data/attachments/1351/1351690-00ff2e68dc97a5b3d8f8c16ba54c7c47.jpg


    LVT Weekly

    https://hotcopper.com.au/data/attachments/1351/1351692-21dadf1ec7d8c1485caed0da9fed58c8.jpg






 
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