DislikedI'm surprised to read this. Many of your templates are based on range breakout. Doesn't the existence of a range imply that until some moment horizontal lines served as S/R?Ignored
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DislikedI'm surprised to read this. Many of your templates are based on range breakout. Doesn't the existence of a range imply that until some moment horizontal lines served as S/R?Ignored
Disliked---snip--- taking opposite position ahead of such level makes sense only and when such top is the high of a certain period of time or a part of a technical formation like a channel, a rectange or else.Ignored
DislikedOkay thanks for that info. Please respond to the other part of my question if you have time. ThanksIgnored
DislikedBut there's still room for it to touch 1.9900 within the next couple of days, isn't there?Ignored
DislikedHmm. On one hand, I'm glad to find out I chart the cable the same way you do. On the other, your ability to spot diamonds in the mud is still beyond my imagination.Ignored
DislikedIt's a broadening triangle outlined by two red lines. Likely to turn into a reversal diamond later. The blue line is the targer for this year.
On the second picture there is a beautiful bearish divergence on Weekly MACD that initially targets the low of the year. Almost every longer-term trend ends up with such signal. The crossover should be confirmed today.Ignored
Dislikedhi Igrok,
the first chart you posted is that a weekly chart. Can you post a zoom out version of it. I am trying to figure out which points you use for your trendlines for the diamond. Is the diamond created by the 2 red lines and the 1 blue line.
or is it the small diamond on top made up of 2 red line.
the 2nd chart you posted what timeframe is that on
Thanks!Ignored