Hi valen. Had a look at the XJO and thought I would have a go at TA.
There is a short term uptrend, it has rejected the 200ema multiple times over the last two weeks. I thought if those two red bars were treated as one (as explained by Louise Bedford) there had to be a falling or rising 3 or something similar but buggered if I can find it, any chance of explaining? It is definitely a bearish engulfing on the todays bar. I reckon that yellow line is legit as I see five touches from the start.
On the weekly I am seeing a triple top together with LH's and LL's It also seems to be a hanging man last week.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 29 Aug
Hi valen. Had a look at the XJO and thought I would have a go at...
-
- There are more pages in this discussion • 138 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
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online