Posted 10/22/2014 11:11 (#4139751 - in reply to #4139725) Subject: RE:Jpartner, c-xr-1, Fishguts2, questions.
maydel - 10/22/2014 09:37
J,
Does the bottom black line make a good target though?
Hi Maydel,
For me if the energy is not available here to stick a major pivot, we will likely trade back to the buyers. To me this formation is the price action between a B and C pivots and is commonly found on the first controlling swing bring made upon the breaking of a downtrend.