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Re: MaxPowerLove$Ihub post# 52106

Tuesday, 10/07/2014 10:27:08 PM

Tuesday, October 07, 2014 10:27:08 PM

Post# of 112636
I had a link explaining it earlier but it got deleted I don't know why? but ill explain myself best I can Triangle patterns are continuation patterns the best are the symmetrical and ascending patterns the descending pattern usually is bearish however in the case of DSCR I noticed a higher support level by using the most recent Dragonfly dojis as support knowing that they show a change of direction the last to days DSCR broke the trend line I believe it will retrace again tomorrow to the trend line and bounce back up on Thursday for a close at 27 on Friday look at my chart see the flag that's the descending triangle also look at the new support forming a couple of ticks up https://www.facebook.com/photo.php?fbid=796248727102335&set=a.524857840908093.1073741825.100001516468075&type=1&theater