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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 04:51 AM

Asian session(06/08/12) - two legs - up and down from the opening.

sctwithsct.jpg
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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 05:06 AM

Lats consolidaiton - continuation id down channel.

sctwithsct2.jpg
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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 05:38 AM

Lats consolidaiton - continuation id down channel.

Volume is changing color so BO is anticipated.But not enough of a peak to follow the Bo,so it could be FBO as well.

sctwithsct3.jpg
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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 06:06 AM

Lats consolidaiton - continuation id down channel.

New point 3 is established,sentiment changes at the RTL - mixed volume signals.

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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 06:37 AM

Another new P3 became FBO since volume could`t keep up.Anticipate futher down move.

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ocean5
 

Registered: Feb 2012
Posts: 934

 

08-06-12 07:04 AM

New P3 is established after FBO - FBO>>Lats>>NewP3.FTT is anticipated.

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