SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (54979)8/4/2019 10:21:33 PM
From: Doug R  Respond to of 79230
 
And from the 5, 3, 2...
the next step deeper is the 3,1,2. If a turn is coming, you'll see it in the 3,1,2 first.
But they all have to be taken in as a whole...right up to the 233, 34, 13.
It's like a wave reaching shallower water with the 3,1,2 breaking at the top first.
You know the ocean...and waves. Sometimes, as one approaches shore it will begin a little whitecap on top.
If the water is still deep enough that little whitecap can disappear...or it might not.
But if you've observed waves enough, you can tell when the wave's little whitecap is there to stay until it washes up on shore.

The 3,1,2 coupled with the 5,3,2 has a whitecap on top.