Wednesday, August 16, 2017 10:02:19 PM
5 day/5 minute AVXL chart...
This one just connecting channels,came out almost like 3-D
interesting.
more interesting to me is that the lines connect at the exact target points I'm seeing from the math technical. 3.77/3.70/3.63 areas.
one more dip like this could be a bottom for this downwave, but at the same time , any dip below 3.80 will have to deal with strong looking resistance at 3.90-3.95 when the time comes. That 3.90-3.95 is a resistance shoulder zone. see the shoulder? shoulder usually means 'rollover' it generates downwave pressure.
This one just connecting channels,came out almost like 3-D
interesting.
more interesting to me is that the lines connect at the exact target points I'm seeing from the math technical. 3.77/3.70/3.63 areas.
one more dip like this could be a bottom for this downwave, but at the same time , any dip below 3.80 will have to deal with strong looking resistance at 3.90-3.95 when the time comes. That 3.90-3.95 is a resistance shoulder zone. see the shoulder? shoulder usually means 'rollover' it generates downwave pressure.
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