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Jayza1988

694 Posts.

31/01/17

09:11

Post #: 22236257
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Originally posted by Jako64 ↑

Thanks,

Looks positive.

It is a chart I am not very familiar with, so here is how I would analyse it (and I will answer your questions as we go)

So firstly I would look at a weekly chart, as that will show me the bigger picture.
I do a quick bar by bar in my head to gain some understanding of "the story" the chart is telling (sometimes if the weekly chart is unclear I need to shift up to a monthly timeframe to 'get' the story worked out.....this one was OK on the weekly).
Below is my Weekly analysis of the chart, with my quick bar by bar, explaining the story I see in the chart (albeit briefly)
View attachment 435668

I will now move to the Daily chart, so give me a little while to draw the chart, and write some notes on it.

View attachment 435671

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Seriously mate, you're a wizard. The time you invest in helping others is unparalleled and a perfect depiction of the kind of person you are.

Thank you very much, kind Sir!
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