BATS:NOK   Nokia Corporation Sponsored
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Using nmike's techniques, I picked three points for my circle and enclosed it in a rectangle. Then , cloned this rectangle to form a larger rectangle consisting of 10 smaller ones. Next I drew trend lines (yellow x) connecting the corners of the larger rectangle. {Note: this is where I deviated from nmike's instruction) The trend lines forming the yellow x and a horizontal trend line drawn at the center of the large rectangle are references for all cloned lines forming the grid. Placement of trend lines began at corners of smaller rectangles and later intersections of trend lines. I have been experimenting with different versions of nmike's cloning method and this appears to be one of the better ones. Currently price is traveling in a channel it has been in since May but now is nearing a junction.
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