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Old 09-16-2006, 10:43 PM
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iGoR iGoR is offline
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the "TAKE MY HAND" set up...
Price retraced back ABOVE the blue slope direction line without changing the slope direction line back to light blue... a nice retracement in a bearish market. These situations happen over a longer period of time then the "hick up" set ups so they are easyer to spot but most of the times the stoploss is a bit bigger.
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Last edited by iGoR; 09-16-2006 at 10:51 PM.
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