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TheGladiator

8,601 Posts.

102

07/02/16

23:14

Post #: 16962915
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Originally posted by Jako64 ↑

G'day Glads, good to have you drop in,

Yep, but while it hasn't been very positive so far, it has been educational I guess.

And yes, there is a reasonable chance it is a shakeout no doubt, but the higher probability would be for a breakdown bar I reckon, and if so price may have to look for support at those previous lows....we'll see.....

cheers

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Definitely educational jako.

Generally after a shakeout the price should recover fairly quickly right? So confirmation of a shakeout or breakdown should be this week? (Taking into consideration that I'm referring to a daily candle analysis).
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