NU now hit inflection point of rising channel which also is fibo 618 of the last huge dropping wave. RSI 4H DIV AND TREDNLINE BROKE. Find you entry to short it ! Less is more!
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0.7325
Comments
bracken
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In my vocabulary inflection point means a continuation pattern with the second derivate for a short time being at zero when the curvature changes. It's NOT a local maxima or minima. mathworld.wolfram.com/InflectionPoint.html
FUNTRADER-Vera
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this is a way to trade in a channel.
bracken
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yes, but not if you believe it's an inflectionpoint we are dealing with here. Then it can't be a top. If you believe it is a top, you should not have used the word inflection point. just saying.....