Now it's the 2nd test of the yesterday's low. before a decisive new low, anytime a strong rebound would mean double bottom so the low is in. key time.
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just an example, not saying the low was in. those 2 bars for now looked very strong therefore some chances it's the start of up and up. the question is, buy or not buy here? Wait for more confirmation may miss lots of profit, buy now maybe too premature...
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now better chances the low might be in. it's a range day so don't expect it'd be up much.
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exactly what i was thinking, it seems to be coming in now. long, looking at the 3104ish level could have a cup and handle break above that level. Bears want to protect it and really will fight for 3105.25
Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19
exactly what i was thinking, it seems to be coming in now. long, looking at the 3104ish level could have a cup and handle break above that level. Bears want to protect it and really will fight for 3105.25
u have a good eye for very-short term patterns like H&S and inverse H&S and etc
thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
exactly what i was thinking, it seems to be coming in now. long, looking at the 3104ish level could have a cup and handle break above that level. Bears want to protect it and really will fight for 3105.25
u have a good eye for very-short term patterns like H&S and inverse H&S and etc
thanks
I don't use time based charts as my primary I use range charts so the appearance sometimes is a bit difference, why I changed the description.
Subscription website www.alphahorn.com trading ETFs since 2011. Portfolio has grown from $100,000 to over $700,000 as of 11/19