Chart 13 - final >>>
By
tymen1 at 2008-10-13
Here we see the final result.
All trading lines are removed and we have a look at the final outcome.........
We see that the price action has gone in accordance with our predictions, that is, we had a high probability trade.
The trend line shows this action and the Bollinger bands are opening up.
At last look after this chart was screen printed, the price action went up still higher, and you could have set the 2nd amount profit much higher than I have given here.
But, as I said, this is a teaching exercise.