upon_confirmation

mr.dmizer mr.dmizer UK100, 900,
UK100: UPON CONFIRMATION: 290 pips LONG ~ 5 990
60 0 1
UK100, 900
UPON CONFIRMATION: 290 pips LONG ~ 5 990

Seems to me that bulls were a bit hasty first time we tested the buying zone and not everybody had a chance to get in. This can of course be viewed as a presence of strong bullish mood by those who are willing to long below 5 990.

mr.dmizer mr.dmizer GER30, 900,
GER30: UPON CONFIRMATION: 410 pips SHORT ~ 10 250
70 0 1
GER30, 900
UPON CONFIRMATION: 410 pips SHORT ~ 10 250

Reasons for action: 1) Pitchfork lines commonly act as support/resistance. 2) Above 10 114 begins a selling zone. 3) Price has yet to re-test the middle line of the down-sloping pitchfork. 4) We are still inside of a working down-sloping pitchfork and as the price rises, so does the probability of bearish mood.

Market
Interval
Browse
Time
Author
Widgets
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out