Dislikedyou can not see the market worked to the pip on that its right I know it for that reason {quote}Ignored
Are you just saying that the price has stayed within a channel for the quoted period, until recently?
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Dislikedyou can not see the market worked to the pip on that its right I know it for that reason {quote}Ignored
Dislikedit had to gap under the support line the only thing I thought is it could close that gap now or later or best bullish case is test that line , but im thinking that will be later nowIgnored
Disliked{quote} I'm not sure that I follow what point(s) are trying to be made, here?Ignored
Disliked{quote} It has to break the double-bottom @ 1.166x first for a bearish confirmation, right?Ignored
Dislikeda double bottom is at a bottom your looking at high point today previous trend =up Double Bottom This is the opposite chart pattern of the double top as it signals a reversal of the downtrend into an uptrend. This pattern will closely resemble the shape of a "W". http://www.investopedia.com/universi...qsrc=0&o=40186 {quote}Ignored
Disliked{quote} Weekly consolidates.. yes.. and the upper level of the area you squared is exactly what I tried to explain to Traderview where I would expect a weekly double top in the near future.. and as Venomousssss pointed out such double top is also the retest of the lower channel edge the weekly broke out.. I think all of your discussion here is in line with what we all trying to say.. In other words I believe we will see maybe at least one more higher high on weekly.. but for now just as Bones said: weekly is simply in consolidation phase.. Stay...Ignored