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sharpei

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sharpei

Re: foti1kenobi post# 40574

Tuesday, 09/22/2020 10:20:12 PM

Tuesday, September 22, 2020 10:20:12 PM

Post# of 78912
Actually, it's hanging over the 200DA slightly, but the candle is not a bottoming candle. It may pierce the 200DA; and we want to see the BBs open wide at the bottom.

.009 would be a 2.5 retrace which is a possibility, but cannot say for sure. It would allow the pierce of 200DA and stop at a significant point as a dbl bottom.
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