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Unfortunately it can go much higher and still remain a Double Bottom ABCD, so the picture is rather unclear at the moment.
JA
jarek
Rep: 94
Posts: 3,474
Here is this potential bearish ABCD looming over the market for some time already:
Unfortunately it can go much higher and still remain a Double Bottom ABCD, so the picture is rather unclear at the moment.
Unfortunately it can go much higher and still remain a Double Bottom ABCD, so the picture is rather unclear at the moment.
RO
roofer
Rep: 3,689
Posts: 3,574
i invite traders other than jim to discuss the opposites implied in TZA chart.....
AL
albert
Rep: 99
Posts: 3,094
Yes, it was an incredibly sweet ABCD that completed at 10:26 this morning
Al Kamego
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
Originally posted by roofer
patience paid off...took half off...
Nice job, roofer.
JI
jimkane
Rep: 3,058
Posts: 33,089
Originally posted by roofer
i invite traders other than jim to discuss the opposites implied in TZA chart.....
I hope you get at least one taker, roofer...
JA
jarek
Rep: 94
Posts: 3,474
There were already 5 attempts at this lower // and it is still holding...
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by roofer
i invite traders other than jim to discuss the opposites implied in TZA chart.....
Here is my take: a nice 3D with a spike line formed at geometry to end the first move of this big bullish (for this bearish issue) DT Kane ABCD:
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Once broken to the upside will have serious bullish (for this issue) implications
JA
jarek
Rep: 94
Posts: 3,474
Looks that our line was finally taken with 5.5 attempt at it. Looking at a longer term chart one has to admit that it was not much of a bounce at such important line:
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