@AlinConstantin, It might cross cross 200, i dont know when it's going to break but i would assume that today or tomorrow the downtrend will start before the big jump.
I've been doing these chart since rdd was 14 and started chart drawing right after i started to gain price, so far pretty much every drawing has been quite succesfull hitting almost the right spots.
But right now i started to look at the big picture and this is kind of a test to see if it works. Hope this will help you guys also if you can look past the ugly draws.
I know this is hard to understand at first, but just look at the lines, i've made redlines represent where most sales happen and the the green are for buys.
The "/" lines are guidelines for the buy trendline and the "-" lines are for the end of the triangle predictions where the buys will probably happen and where the sales will meet.
The resistance support was broken at 188.
When comes the downtrend?
Thanks!
I've been doing these chart since rdd was 14 and started chart drawing right after i started to gain price, so far pretty much every drawing has been quite succesfull hitting almost the right spots.
But right now i started to look at the big picture and this is kind of a test to see if it works. Hope this will help you guys also if you can look past the ugly draws.
The "/" lines are guidelines for the buy trendline and the "-" lines are for the end of the triangle predictions where the buys will probably happen and where the sales will meet.
Just dont take this as 100% true.