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JA
jarek
Rep: 94
Posts: 3,474
It would be quite a surprise for all the Wave 3 callers if this potential bullish ABCD would play out to the upside...
RO
roofer
Rep: 3,689
Posts: 3,574
my view ... was that we know the odds of abcd at .382 taking out the low.... and so it did
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AL
albert
Rep: 99
Posts: 3,094
roofer,
Awesome charts.
Here is a confluence of Fibo 0.954, 1.272, 1.618 & 2 Simple lines in the preopen on the 13 min ES U0.
Good Trading,
Al Kamego
Awesome charts.
Here is a confluence of Fibo 0.954, 1.272, 1.618 & 2 Simple lines in the preopen on the 13 min ES U0.
Good Trading,
Al Kamego
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AL
albert
Rep: 99
Posts: 3,094
Smaller timeframe. X marks the spot.
Good Trading,
Al Kamego
Good Trading,
Al Kamego
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JA
jarek
Rep: 94
Posts: 3,474
Could this have been a Wave 2 off our bullish ABCD retracing almost 100% of Wave 1:
... or was it a part of sideway correction before the downtrend resumes?
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... or was it a part of sideway correction before the downtrend resumes?
JA
jarek
Rep: 94
Posts: 3,474
A decisive break over the downsloping ML would rather suggest the former:
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ER
EricD
Rep: 63
Posts: 692
Hi Guys....back from a long vacation....Here are some charts...I am wondering if a larger turn is coming?
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RO
roofer
Rep: 3,689
Posts: 3,574
i have enclosed the tza trade....it is remarkable that even on the one minute, the logic of our work was there.... even though the odds had dropped to 13%, i gave the trade a little more room until the test and retest setup.. at which point the logic of the geometry said to reverse...i was gone from the short side....
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