Darn , I did get a close below below middle swing . Just a note to QT users , there is a share candle countdown feature . right click chart > view > candle countdown
ok, If I step away from the computer I can see the market for what it truly is today = chop. When I sit with my nose 2 inches from the screen it looks like, uptrend/downtrend/uptrend/downtrend!
Jd, Yes, small position and adding on confirmations with very precise and strategic stops. Once the next swing breaks then you can relax. Remember, always start small on all plays then add on confirmation. Anek
Anek, Please define a DT/DB. Is it the wicks that have to line up, or is it the closes? Or is it the highest high/lowest low that matters? Also, how much leeway is there if the DT/DB levels don't match up exactly? Thanks. opm8
jdconner, I am confused by the chart you posted. You have a note at the bottom, "didn't close below middle swing on double top? " What double top are you referring to? All that price action is occurring before there was a double top. Where you have a green circle marked, ENTER, (enter long I presume) you have a trendline break, but otherwise I dont see any AHG buy signals, only one high that is higher than the last LH of the downtrend.
Cx, Symm inside triple top inside rectangular formation. This could be brutal or a whole lot of nothing. Confirmation > all. Anek
cx, I just drew the same lines on my chart (The purple ones on your chart) (before I saw yours) ... if it's a triangle we broke to the downside. of course, now we have a double bottom at 2059.25!