RE: Stage Analysis Beginners Questions
(2020-04-19, 08:17 PM)isatrader Wrote:(2020-04-19, 07:50 PM)Mashed Wrote: Can we see in the yellow zone a Stage 4? Or only Stage 3? Or even is possible to see a stage 1?
Thanks a lot! I hope you dont see a stupid question haha
Your chart is too long term. You should only have two to three years in view ideally.
In this case, DVA is still in Stage 2, as it held at the previous breakout level on the pullback and immediately regained the 30 week MA. So remains in Stage 2. See attached.
I see! Thanks again!

I will keep in mind to have 2 to 3 years the chart. I didnt know it! Is much easier to see the stages, mainly when the charts have moves up and down.