American Airlines: Evaluation of Falling Fractal
- Price breaking above red resistance line is the first sign of recovery.
- Price going deeper in greener demand area is the actual place of recovery. Though the nearest yellowish part of the chart is a local resistance.
- Price breaking out blue curved line is a confirmation of reversal.
Kommentar:
Sometimes it's better to use curved lines instead of straight ones to be able to relate gradual growth/decline.
