Just noticed this gem...
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Diamond exactly on top of 1Y Peak Trend is pretty scary haha
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Seems about right...
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It's also kinda a 4D H&S.
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Bullish breakout? Bearish breakdown? Hold for confirm....
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False breakout to breakdown?
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false breakdown to real breakout!
Sitting right back on the growth trend there. It seems strong enough but it's right on the edge. It'd be more bearish if it had fallen short of that fractal.
Sitting right back on the growth trend there. It seems strong enough but it's right on the edge. It'd be more bearish if it had fallen short of that fractal.
Commentaire:
Look at that beautiful diamond retest and reversal fractal straight up into yellow and through for the expected breakout.
The breakdown below blue was a clear downward continuation signal before the powerful up reversal into close.
Let's zoom into the 2M microcosm here...
The breakdown below blue was a clear downward continuation signal before the powerful up reversal into close.
Let's zoom into the 2M microcosm here...
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Algos man...
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It's like a cheat sheet for the trading day haha.
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Still hangin on this line...
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Broke under blue dotted, look for yellow break or bounce next...
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It broke but recovered and began a bounce, lets see how it reacts around the blue dotted again...
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Rejected off blue dotted slightly here, didn't reach yellow dotted...
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Rejected off yellow dotted and bounced off the new blue dotted and then broke through yellow...
Data analyst with a passion for best fit lines B)
