- Posts: 74
- Thank you received: 0
GKP
13 years 4 months ago #1369
by followNev
your shooting star isn't very high in the sky. the one in September marked a reversal.
however, the candle you are looking at still says that the Bears are in control and that the Bulls lost all their nerve / buying power at the test of resistance.
I always look left on my charts. On yours there is a very long wick which the bears will be eager to test, to see if it was an outlier or a true rejection creating support.
If i were to rub my crystal balls together I would bet the left one we go down and test the low at the end of June. Though I have no idea whether it will get there or just attempt to get there, we'll just have to wait and see.
however, the candle you are looking at still says that the Bears are in control and that the Bulls lost all their nerve / buying power at the test of resistance.
I always look left on my charts. On yours there is a very long wick which the bears will be eager to test, to see if it was an outlier or a true rejection creating support.
If i were to rub my crystal balls together I would bet the left one we go down and test the low at the end of June. Though I have no idea whether it will get there or just attempt to get there, we'll just have to wait and see.
The following user(s) said Thank You: remo
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 16
- Thank you received: 0
13 years 4 months ago #1374
by Ammo Pouch
Replied by Ammo Pouch on topic GKP
192.12 trade was spurious, sp at the time was 177.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 where the spread opened to about 8p.
Today's candle should be a hammer.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 where the spread opened to about 8p.
Today's candle should be a hammer.
Please Log in or Create an account to join the conversation.
Less
More
- Posts: 16
- Thank you received: 0
13 years 4 months ago #1375
by Ammo Pouch
Replied by Ammo Pouch on topic GKP
192.12 trade was spurious, sp at the time was 177.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 first thing in the morning opening the spread to about 8p.
Today's candle should be a hammer.
Correction, today was a long white candle.
Close of 186.25 is actually just off the days high, only other trade higher than that was a weird spike to 187 first thing in the morning opening the spread to about 8p.
Today's candle should be a hammer.
Correction, today was a long white candle.
Please Log in or Create an account to join the conversation.
13 years 4 months ago #1418
by 1 Pez 1
Yep that's how I read it too, Ammo... if that 192.12 wasn't there a hammer it would be.
Makes me think whether these 'Delayed' trades ae sometimes put through to suit in order to skew charts and affect the candles.
Makes me think whether these 'Delayed' trades ae sometimes put through to suit in order to skew charts and affect the candles.
Please Log in or Create an account to join the conversation.
Moderators: remo
Time to create page: 0.204 seconds
