April 14, 2015
Straits Times Index, STI open 3484.09 points and moved higher closed at 3521.08 points. STI eventually has break 3460 level.
Straits Times Index STI Uptrend
Do not under estimate the power of geometry pattern, especially AB = CD. We have draw the pattern since the beginning or 2015, see the earlier posting for details. Now, STI has match the drawing.
Remember, the setup will only prove wrong when it is not happening. As said, you may not have to stop as the traffic light still green. Therefore wait for confirmation is the must for trading success.
Now, STI has broken 3460. Will be a Bull Trap? Will see.
Straits Times Index, STI April 14, 2015
Zoom In,
Straits Times Index, STI April 14, 2015
Thanks for visiting this extra ordinary site, AmiBrokerAcademy.com.
It is always to see with other analysis. However, you should do your own eventually. You will have a lot of fun.
Moses
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