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A chart
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coolhand
Posted 3/29/2025 09:33 (#11166205 - in reply to #11166158)
Subject: RE: A chart



JC STONE - 3/29/2025 08:55


Here is what I think about my chart. My bias is price is going higher. Price failed on the retracement before it reached the median line and then fell exhausting to the dowside all the energy on the retracement. Price found buyers at the double bottom and closed above the lml which I think is very positive. Throw in a reversal and a nice green candlestick and the stage is set.
80% rule says price should test the median line.
I'll either be a hero or a zero come monday pm
There ya go I set the table for ya


That is how I’d interpret your chart. The weekly continuous looks slightly different, but it concurs. I bought short position back earlier this week, a few penny’s too early, and thinking of going long.

I think you should trade your chart, trade the next one you draw too. Keep on trading the good looking fork charts for 18 months or so. Don’t get emotional, use stops, follow rules and let us know your thoughts on Andrew’s forks Halloween of 2026 or so.

Edited by coolhand 3/29/2025 09:43




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