The reason for the loss may have to do with the way I drew the distribution box. It's been a really hard top to navigate. I've re-drawn it to allow for what just happened. I would have bought an upthrust rather than a breakout, hence the loss. In the second picture, there's also a diamond top pattern. Fairly rare, but that's definitely what it is (Bulkowski).
Diamond top obvious on the 10m.
Breakdown happens if the lower right border is broken.
At the moment, going long seems like it's not a good idea. Plenty of selling coming in.
- Forums
- Lounge
- Index futs -- ES, SPI, GC, CL
The reason for the loss may have to do with the way I drew the...
-
- There are more pages in this discussion • 171 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online