I think this is in line with what @Rooster100 posted, but I have taken it a little further and return to my point regarding EWT, Wycoff Method and that they don't exclude one another. For the last wave down I previously indicated 5 wave to reach the low. Here following is an hourly chart, which is obviously zooming in on the daily chart and is including my wave count as well as some Distribution events along the way, finishing with what I would think should become clear as an Accumulation event.
Along the way I also marked some of the BC - Buying Climax, UT - Uptrust, SCs - Selling Climax, ARs - Automatic Reaction or Automatic Rally and STs - secondary test and also how they go with increased volumes, which might be interesting to some. I assume a "new young" poster here probably would be very interested, because he mention that he has no idea about EW or TA and that probably includes Wycoff. However during the last two month he might have covered all of that and more and will incorporate all of it into his forecasting, because as he claimed and my signature states “The point of forecasting isn't to tick the boxes on the ‘how to make forecasts’ checklist. It is to foresee what’s coming.”
Anyway here is the chart ...
New TA/Charting, page-8168
-
-
- There are more pages in this discussion • 7,102 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
Add LTR (ASX) to my watchlist
|
|||||
Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B |
Open | High | Low | Value | Volume |
91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 472933 | 90.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.5¢ | 446423 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5786 | 0.900 |
4 | 110000 | 0.895 |
34 | 321661 | 0.890 |
8 | 180544 | 0.885 |
17 | 389749 | 0.880 |
Price($) | Vol. | No. |
---|---|---|
0.905 | 22997 | 2 |
0.910 | 105000 | 5 |
0.915 | 95187 | 4 |
0.920 | 25500 | 1 |
0.925 | 44911 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online