weekend charting 8th jan 2010, page-69

Richard,

The whole point of this thread is to get you charting, for yourself, with the best array techniques we can muster. It just requires time and having a go, and this thread provides the forum for you to have a go before you put your money on the table. I was very pleased to see Archer having a go this weekend, and look forward to some of your work sometime.

In the meantime I have been mulling over various options on WBC, because I have an obvious interest, and I decided to go back to the original alignment with the red fork, and play with the alignment on the blue consolidation fork. This is what I came up with and it is the alignment I will rely on for the next week or so, or until I see something that tells me it is wrong.

ST I think it is a megaphone pattern. I have thickened the line I think are important, and I will trade according to those for the moment. You can look up the megaphone pattern on investopedia.