Sharif, Mitkye. Good to see your charts. Just a tip when doing your channels (the Wyckoff way) - if doing a downtrend channel you are selecting two pivots high and then paralleling down to an intervening low OR an uptrend channel select 2 pivot lows and then parallel up to an intervening high -
And then I like to use that as a basis for reaction lines by adding parallels above or below as possible projections - though I'm not sure thats how Wyckoff did it - but they often work out nonetheless.
MXI
no time for a chart RIGHT NOW but quickly -
yesterday's bar was a hidden upthrust, so a weak bar.
Yesterday was up on relatively very high volume so we want to see that tested now on some light volume down bars if you get it. The 30c and 33c are levels I would watch for TESTING (taken from high volume bars to the left)
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