I can't post any chart today, like yesterday I have problems with my feed so everything is messed up. The good thing is I couldn't make sense of anything today and finally I understood the volume was off with respect to the price. Very surreal. But that must mean I'm somehow on the right track here, at least I notice when things are unnormal.
Excellent. Now that you have differentiated your mind to see that which represents incorrectness, you now need to learn to see 'not incorrectness.' - Spydertrader
can someone help me annotate this chart? am i drawing these channels correctly? any help would be greatly appreciated!
Yes. You can help yourself to learn to draw trend lines. No. Not even close. Begin by learning to draw tapes. Use the 'seven cases' posted by jack, along with, the three additional cases, I provided. I also recommend learning proper annotation with a chart which includes Volume. Once thoroughly and correctly understood, then apply what you have learned onto any market of your choosing. HTH. - Spydertrader
Thx, but one error I noted is the annotated Pt3 at the EOD. I think we are still waiting for a Pt3 to form.