10/25/2013

Shackle in DAX index of Ladder pattern


Shackle in DAX index of Ladder pattern




You have been told and warned by Cassandra words “jump on the right side of the fence” sine 2 weeks ago because of its Bondage of ladder patters
Let us see it in detail
     Have been breakthrough by upper trend line. You may jump to conclusion that “The dices is cast” you would better take a stance for upper trend. If so “when”?
     Should be acted as supported line on previous upper trend line of
     Is upper trend you may well check how may time it has been acted as resistance line. If you are completely comprehended “the meaning of this pattern” I wish you not to rashly rush on this point but to wait with hugger bite on black line.

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