Here is the BHP weekly chart with a couple of obvious lines, and the LIVE indicators switched on (you can have Live Bar analysis or Partial Confirmed Indicators).
The Confirmed indicators chart is below so you can have a look (Note- where there is an indicator, but it has not confirmed, a yellow box is place on the chart).
So Anyway, The chart is obviously in a downtrend (with a bearish influence), so almost all of those green indicators of potential strength need to be discounted in strength, or completely ignored.
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same chart with partial confirmed bar analysis on-
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and here is the first chart, but with a name on all of the indicators (if you click on the green or red indicator, you get a description box, explaining what this bar means, what should be in the background (for it to be a valid indicator), and what to expect in the future (for the indicator to be confirmed).
All of these descriptions ate in that book link, that was posted above I think....
cheers
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