Looking for a close outside this pennant, then I will add on to my short position.
Harmonic patterns and other basic TA goes a long way
Also looking for reactions on the 8 period EMA
I want to keep this short and sweet.
I created a indicator (dubbed "LOPMA") which has many useful aspects to it. One thing is ascending trend lines on increasing prices.
I have dubbed these lines as "Cliff" as I have observed that price typically falls off a cliff after deviating from the trend line.
I usually considering connection of two points with a trend...
You short, anon?
Lots of evidence pointing to the downside here. (I am currently aware of a bug for people viewing my posts on various devices where they see nothing. Something to do with my firefox configuration which I will fix soon, until then you can visit my chart link to see my charts if unable to see here)
I think we have only just started downside...
After a successful reversal off of a 13 count, we have reach a long target zone.
Waiting for confirmations on smaller time frames before entering any trades, it is very volatile.
