Next week we`ll see what happens ?!
The Chart is speaking for itselfs - my long position also ...
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
> 126.24 & 124.62 bearish character
around 119 traders are creating something like a trend-reversal formation "shoulder-head-shoulder"
under 119 until 113 market participants created an "reversal shoulder-head-shoulder"
above 119 even until 124.62 is the trading zon of both "shoulders"
positiv is the fact that we created this week something like a...
Basic triangle-formation after Brexodus,
`cause on the referendum the share created a temporarly low.
131.96 (2016-09-07): (d) new alltime high - after old alltime (b) before
128.31 (2016-07-28): (b) 2nd high after consolidation after complete trend-reversal-formation (while brexodus)
127.95 (2016-09-23): Friday (last trading) Closed
123.06 (2016-07-21): (c)...
132.01 alltime high until now
128.22 3rd temporary ATH this year 2016
121.12 2nd temporary ATH this year 2016
117.61 1st temporary ATH this year 2016
108.05 low while brexit - excactly on upside trendline
89.21 upside trendline - based on yearly lows 2015 & 2016
71.88 upside trendline - based on yearly lows 2015 & 2016
Use 2,3 negative trading...
FACEBOOK'S DAYS R NUMBERED. Even thought it may well make some weak new high but probably not that high from the previous high. They are at the top channel of parallel trading line. I marked them as Red and Light green. But also I drew a solid black like which crosses the red line and creates a triangle. Once you see the triangle has been broken FB will be weak...
