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Against the trend line but more important is the M formation. Anytime a M at top W at the bottom is good money. Your suppose to wait till it actually, crosses the low or high.
Can you help answer these questions from other members on NexusFi?
I am in process of trading platforms. I never have got along good with time charts. Tick chart smooths things out to work for me. I have two brokers and Ameritrade is a bit expensive to trade with in my opinion. I use also AMP Global and trying to find a tick chart platform with them. Ameritrade charts are funny for sharing so I am trying to see how it wo
The blue line carries resistance. So need to watch how it reacts to that. If this market was heading south with great momentum, no worry. But since it is taking time, watch.
blue line is resistance, but the downward pressure is holding. Notice just below the green line, it appears two bars may be starting a flat spot that if crossed. It could be a turn in trend.