Noob chart STORM
Updated
Not a lot of information yet to work with. Also not much experience with TA, so this is more for fun and learning!
The top line is based on 4h chart, de second trendline based on the 1h chart. The fat black line is strong support at 260 (for now). Hourly is oversold.
The top line is based on 4h chart, de second trendline based on the 1h chart. The fat black line is strong support at 260 (for now). Hourly is oversold.
Note
Breakout of the 1h trend?Note
Fake breakout? Didn't close the hourly outside the trendline. Let's see how this hour will do. Hopefully it breaks and stays. Short term target is around 270?Note
Broke down the strong support. I saw another chart on Twitter with a falling wedge which could be bullish. Hope he is right and my chart is wrong :)Note
Made a new chart with falling wedge. The top line seems right as I could extend it without a problem. The hourly trendline was broken downwards. Not sure if I draw this one correct or it just broke down. Won't update this chart anymore.
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