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.
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582Your comment re Risk to Reward Ratio [RRR] prompted me to...
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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. |
---|---|---|
$40.68 | 8347 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250 | 40.650 |
1 | 1000 | 40.620 |
2 | 325 | 40.600 |
1 | 2 | 40.560 |
4 | 1693 | 40.550 |
Price($) | Vol. | No. |
---|---|---|
40.690 | 543 | 1 |
40.730 | 1388 | 1 |
40.740 | 1000 | 1 |
40.760 | 950 | 2 |
40.800 | 30 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BHP (ASX) Chart |
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