Nice one Brian..
here is the chart view we looked at on Newry's last Technicals thread, you can now see the importance of the white circled convergences we discussed in terms of todays lows..
You can see Newry's 145 fib ( which is likely to be todays close... You can see a close up of Dingos major trendline support and also a White 25 period Exponential Moving Average I backtested as being the loosest MA to contain the previous price ranging ....
My last sell trigger arrow in red is at the 170 resistance (and trendline break )and is a safer time to add to ones position IMO. So IMO we are on a tight wire and a stoploss region atm if long and expecting support to come in...This is where smarter ballsy traders can catch the turn and I usually chicken and sell...LOL
cheers
john![]()
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8 | 3605682 | 0.008 |
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14 | 11456581 | 0.006 |
Price($) | Vol. | No. |
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