Does look like my rung is calibrated. Now if it stands up as new support.
Does look like my rung is calibrated. Now if it stands up as new support.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Even the sub channel is good.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Everything is looking good. Ok as before I try to pre-pick an exit. 1842 to 1850. What you guys think? Or should we exit Friday for full volume Monday?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Now for Birch breaking the pink line would be another diagonal triple top breakout and the rungs are lined up to support it. Birchchart:
Last edited by Bquat; 12-26-2013 at 09:23 AM. Reason: Forgot chart
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I'm not sure...I drew a little longer than you and saw 1865 as a possibility but I am leaning to somewhere in the 1840 to 1848 range. This uncharted territory makes it harder to chart out a 5 day progression (what I have been trying to guess at lately) but I do think we are edging into overbought territory.
In review drawing longer term in another post I saw this and the new channel lines up belter. I am seeing some topping tails on today's candles but it just may be a high base forming. Removed the upper thin trace because we're touching the top of the ladder again. Yeah compulsive charting again.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
1840?!?!?! Why did that act as a ceiling?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I have to make my decision now...I'm staying in and see what this afternoon and tomorrow brings.
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