Joined Apr 1, 2010
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Chess, could you recommend some material, online or printed, on estimating “measured moves?” Still ignorant of this art.
You are doing some of the best work on the internets over here; look forward to your posts.
A good rule of thumb is the bigger the base, the longer in space. Big consolidations = big breakouts & vice versa.
Geomancy,
check here for a bare bones example:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:measured_move_-_bull
excellent recap as always Chess.
Thanks!
Well done and exemplified…Have a good long holiday.
Enjoy the weekend.
best review ever !!
Thanks.