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Re: Drigue post# 2917

Wednesday, 08/09/2017 1:13:11 PM

Wednesday, August 09, 2017 1:13:11 PM

Post# of 5520
Line of ascension is a simple theory...too simple but it holds true at least for me.
How many times have you seen this in a chart.. V ..(imagine this as a bobber on the water and a fish takes it down and releases) where they filled a PP at the bottom of the V and it shot right back to the surface.

Now when its more like a check sign (not on my key board) the rate of ascension should trace back to the beginning of the chart (in this case to July 3rd...top of base of green candle draw line over July 5th straight to bottom of big red candle on July 26th that will intersect perfectly with the bottom of big red July 28th follow up to todays candle which pierced the line...it also pierce the upper sar line which flipped the chart.

Every thing beneath that line was when they were diluting IMHO if not and they were done with the 1.2 million the bobber should have popped back to that line and continued along the slope.

It now needs to close over that line in the next day or two to confirm a larger run.
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