weekend charting 13/14 feb, page-24

  1. 2,397 Posts.
    MHM for john435

    Not much action prior to October so difficult to give any long term clues.
    I've opted for candlestick patterns which have done a good job so far signalling reversals.

    I've highlighted the strong candle signals defining short term trend reversals.
    Another shooting star, this time with a doji, strongly points to short term reversal again.

    But the good news is that there is a medium term uptrend highlighted by the orange line and that would be the most obvious target for the reversal.
    Start getting worried if the uptrend line fails to hold.

    10cents

 
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