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jarek
Rep: 94
Posts: 3,474
So we have the continuation of grilling of the bears betting for the big W3 down. I don't think it already reached the point where all of them gave up, so there should be some fuel left for the further rise after these games in the Game Zone:


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JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, jarek, that often seems to be the case.

Look at this battle at that 3-min TL. Now that everyone sees this, when a decision is made, it should move. I'd think a headfake would be in order, but perhaps not. It's just such a good opportunity to catch some daytraders.
JI
jimkane
Rep: 3,058
Posts: 33,089
Get ready for a pop up and over. It's what they do there that I want to see.
JA
jarek
Rep: 94
Posts: 3,474
Still no close above that TL and bearish 4PT still in play:


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JI
jimkane
Rep: 3,058
Posts: 33,089
They finally did it. Now, continuation, or was that the trap?
JA
jarek
Rep: 94
Posts: 3,474
The geometry was there to support the latter but it is still in a no decision zone:


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But if it wants up then it needs to accelerate since this is supposed to be W3 up from LOD in such scenario
JI
jimkane
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Posts: 33,089
Hmmm, bigger bearish 4 PT here???
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jimkane

Hmmm, bigger bearish 4 PT here???


Quite possible, since this doesn't look like W3 up from LOD:


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JI
jimkane
Rep: 3,058
Posts: 33,089
Well, I gave up on the long side as it topped in that 4 PT area, and got triggered short side off that. But, I am fully expecting just chop in this range until close. I'd love to be pleasantly surprised and see it break down. As it enters the Game Zone here, though, I'm ready for the games to begin. Right here. Just watch and see, they are so 'uncreative'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let the games begin. Too silly.
JA
jarek
Rep: 94
Posts: 3,474
Good place for games, but also a good place for the first push off 4PT to finish, isn't it?


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RO
roofer
Rep: 3,689
Posts: 3,574
and so it goes
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