Im starting to learn charts. Can you explain, in a basic manner for a beginning, to understand what im looking at? VERY impressive btw. All of the online literature is extremely cumbersome, so if you can break this down in a basic manner, i would be very greatful.
thank you for your time.
anthonylarro
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@PARTTOTHESIDE, MNK at the time was making a rising wedge which is usually a bearish pattern. In this case it did not work out that way. In fact it was a total fake out. I thought I had posted the 15min chart but it looks like i missed that. Here is what it looked like on the 15min when it was still in play.
thank you for your time.