4DS 2.44% 8.4¢ 4ds memory limited

4DS chart, page-3482

  1. 3,390 Posts.
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    0ne of the best traits of the 4ds chart is that it forms triangle consolidations after a big move..a lot of charts do this but not as often as 4ds ..it happens like this.. price has a good run or a big day, it then trades sideways within that range for a few days creating lower highs and higher lows (a triangle consolidation)...eventually support or resistance can be spotted around the mid of these triangles..and then off she goes in the path of least resistance..sometimes (bot not often) there`s a fake out where price drifts from this midpoint on low vol and then reverses on high vol the other way taking out the mid point....anyway current triangle midpoint to watch for support over the coming days is 076c.. $DS support.PNG
 
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4DS (ASX) Chart
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