Notice that the $A has panned out the same triangle to date. It could give a lead at the time coz lately the moves are often started with the $US - one way or another....
Interesting times ahead - I've been following the triangle scenario ever since the B leg down but we can be sure it will not be perfect - if it looks too easy then something is wrong....One thing I will be looking out for is a very small E wave...
Is true these days triangle can break the wrong way - was never possible years ago. However triangles are everwhere atm: look at the hourly chart of gold and copper and last week was a beauty in spx (in the assumed B wave). Patterns come and go - atm triangles are in.
good luck all
- Forums
- ASX - By Stock
- XJO
- what the... wednesday
what the... wednesday, page-82
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,013.4 |
Change
31.000(0.39%) |
Mkt cap ! n/a |
Open | High | Low |
7,982.4 | 8,030.3 | 7,982.4 |
Featured News
XJO (ASX) Chart |