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Diamond Pattern is this bottom ??
But watch out for bearish wolf inside this pattern, lets see where it goes will post detailed charts after market Bearish WW on top of the charts(At HOD)
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The first sign of you becoming a better trader is not in your ledger book, but you becoming cheerful - doji (morphed)
Last edited by doji; 22-04-2009 at 02:09 PM. |
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Hello Sir, agree with you |
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Bearish wolfe mujhe yahan to dicki nahin If you really want to see smashing wolf today. See my post in thread "Market Profie in Practice"
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sorry, I was referring to sport NF chart. i meant to write that it is moving towards forming a WW and didnt word it correctly. it didn't make up to point 5 in time.
yes sir, I saw that forming and loosing in no time I took that for symmetry issues in my failed WW list ![]()
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The first sign of you becoming a better trader is not in your ledger book, but you becoming cheerful - doji (morphed)
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No sir please, i am not qualified in more than one ways ![]() I found a possible BARR in M&M, thought it should interest you. ![]() Lead-in phase angle is around 30 degrees (approximate visual), and the highest high to the lead-in TL is Rs. 35. Bump phase angle is around 1.5 times with respect to lead in phase. Highest high of the bump to the lead-in TL is Rs. 103 which is more then double the highest high to the lead-in TL. Here, due to speculation etc prices tend to move up with higher volumes. When that ends, prices come down slowly with low volumes. When lead-in trend line is taken down, volumes slowly increase due to increase in supply at higher levels. Run Phase will start when lead-in trend line is broken convincingly. There is possibility of BARR in Tata steel too, watch out
__________________
The first sign of you becoming a better trader is not in your ledger book, but you becoming cheerful - doji (morphed)
Last edited by doji; 22-04-2009 at 11:34 PM. Reason: Image correction |
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| abcd, channels, chart patterns, cup handle, double top, flag, gartley, head and shoulders, swing trading, triangles, wedge, wolfe waves |
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