No intent at dissension from the other Thread in the ASX by Stock forum heading Charts...but so much digression and non TA comments , Its hard to follow..
Here is a little theory that expands on the commonly held Andrews Pitchfork Channel concepts by including the less commonly read Trigger lines which show the trendlines outside of the pitchfork channels.....
This link best explains the theory : Trigger Lines
Of interest is the XPE chart that actually shows two of these trigger lines that are currently converging today....and the accuracy of the Standard pitchforks channels previous to this occurrence....
I have a trailing conservative re entry at 72 (the WhiteLines)
heres the nice little volume surge yesterday...
a little smoke ,If you like...
please critisise objectively/ constructively , so we may all learn something..cheers
Its Friday and me mate @trader_10 is probably hooning around like a bare arsed fly. doing a samba and .stocking the fridges... It should be an Olympic event and he should be in Rio......
purely TA theory posts
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