582
Your comment re Risk to Reward Ratio [RRR] prompted me to explore a bit further. IMO the charts below show BHP in an uptrend & as shown with the yellow RRR insert on Chart 1 long trades can still offer opportunities - albeit with tighter stop losses. The coloured boxes encompass the end points of most of the arrows, perhaps indicating the most likely target areas for time & price for both long & short trades.
Chart1: Repeating range moves - showing projections from recent swing high / swing low points. A Gann ABC long trade is shown - the green repeating range projections are shown on the right side.
Chart2: 2 Day swing Chart for 23.11.09 - showing that the trend is currently up
Chart3: 1 Week swing chart [Nov18] - showing the current trend is up.
4YIO - NFA - PDYOR
582Your comment re Risk to Reward Ratio [RRR] prompted me to...
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$40.67 |
Change
-0.270(0.66%) |
Mkt cap ! $206.2B | |||
| Open | High | Low | Value | Volume |
| $40.68 | $40.79 | $40.53 | $235.7M | 5.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $40.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.68 | 8347 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |