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Agree it looks like a shakeout before a big move but who's being shaken out?
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Agree it looks like a shakeout before a big move but who's being shaken out?
This market is nuts! Down 100+ one day, up 100+ next day. High levels of fear and greed. Is this typical for any particular EW formation?
Ok freepost packing that will help but needs to be made a bit clearer at the top - got confused by this bit:
Yes guess it is a bit different, just reminded me with the 99p DVD's.
GF - have you seen these places
Trend looks pretty much one way on stan CA! Could also be forming a bear flag just like it formed a bullish one on the way up? Enough there for a book
STAN is another interesting one - is this an H&S with small shoulders and a head thats a double (triple) top? Anyway the top pattern completed pretty
CA thanks, but I always get a bit worried when it looks too easy!
An interesting point about the RBS chart is the retrace following the break. For a short here the plan would be a stop at about 1610 with a target of
Think it's been mentioned on here - RBS looks a good short entry now, retest of broken support at 1570 ish. "H&S" type pattern, 1300 anyone?
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