JHC Chart, page-4

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peony-rose

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01/10/19

14:05

Post #: 40664131
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Originally posted by FullMoonFever: ↑

@SilSmart

Hey again mate. Similar to the prev chart post you requested. GL.

Main areas being auto FIB, smoothed Heiken Candles (yell up & white down), Weis Wave & MA oscillator.

1 - Can see the highlighted area showing SP only just below HA candles atm but looking for support of the 0.236 Fib line twice..
2 - Weis still showing in an up wave overall.
3 - MA Osc showing right on centre atm (indecision on support described above) and is what colours the SP bars blue & orange for easy ID.

Main areas being diff auto FIB, Wave Trend & MA oscillator. The background is merely a test atm.

A - Can see the highlighted area showing poss small descending triangle to watch. Again in a support area & don't want break down through that on vol or the black bar I drew could come into play as a target level.
B - Wave Trend shows crosses up / down with green & red dots as well as crosses above & below centre. The minor shorter moves can also be tracked with the blue areas above / below centre. Look above or below centre & what the SP is doing above. Basically main lines above or below centre will indicate current overall trend (can also use for divergences at times) with the blue areas shorter moves within.
C - MA Osc showing cross down and is what colours the SP bars blue & red for easy ID.

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Has this chart formed what you would describe as a cup and handle? Any signs indicating the way forward? Thank you so much for the charts.

JHC Price at posting: $1.20 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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