Some interesting repeating patterns on the XJO chart
XJO 7675.70
30 minute chart
On 25July we see lower lows on the inside which is the setup for the pump and dump template.
Price was then pumped up above the previous high to trigger breakout traders into the market.
They then pulled back inside the trading range to give us the false breakout and trap traders up high.
We then saw three levels of drop and a false breakout beneath the 27 June low
before price pulled back within the trading range where price remains consolidating at the lows.
The Brains Trust - 2024, page-1731
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Last
3,132.6 |
Change
9.600(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,123.0 | 3,138.7 | 3,113.5 |
| XSO (ASX) Chart |