Weekend Charting 28th July - 30th July 2017, page-62

  1. V*
    5,154 Posts.
    lightbulb Created with Sketch. 11
    I just recall another (which at the time I counted as potential triple top) which was quite powerful in maintaining downside. That first red arrow to the left. Part of a downtrend, there, not really 'the top' at the time, but it's near an $80 move so it was an attempt to move higher than the previous decent high. Same could be said for the second red arrow (Left to Right). Also a continuation down, but US POG hasnt' gotten above that point ever since.
    (Or maybe the diagonal trend line played more of a part for this one)
    I don't have another chart similar I can think of so this may have no relevance whatsoever



    cheers for the feedback, the follow up posts were worth a read too.

    Amazing posts for a weekend chat, lots of new faces to me. Cheers to all.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.