So the consolidation continues with now 8 consecutive bars with similar highs. On 2 previous occasions earlier this year something like this happened to be top formation:

Kane EXP ABCD completing at 0.382 Fibo. This is confluent with a 0.564 Fibo Retrace and 3-10 SMA Divergence & touch of Bollinger Band, which I would venture to call a "Trader's Dream." The EXP is also confluent with Kane Pattern-Line-Fib.

roofer's 93% Kane ABCD Span rule is met (within a tick), with a 3 D bottom. This is in Kane DT ABCD Point D area.

Thanks Jim, thanks roofer and thanks to all the other Kane Traders. These methods are amazing!

Al Kamego

Hello !
Just post what I see for the moment.
Well up to 0.886 in ES and down to 0.886 in DX.

DX week impotant area.

Very quiet here lately...

I'm watching this potential bearish ABCD:

Looks like the time for bearish setups has not come yet.
... and bullish setups are still playing out. Like this EXP ABCD for example:

Bearish Kane Pattern-Line Fib ABCD last night on GLOBEX . 0.886AB=CD in CD leg of larger 0.886AB=CD leg.

Al Kamego

Kane TD ABCD completing at 0.447 Fibo. 1.128AB=CD in CD leg of TD, Point d, D is at 0.886 Fibo & completes Kane Pattern-Line-Fib.

Al KAmego

Gap on 5 min chart, 0.886 Fibo, & Spike Lines for a roofer's "Beauty & Simplicity."


Al Kamego

Kane TD ABCD. roofer's "Beauty & Simplicity," and I believe, a "Lightning" Trade.

Good Trading,

Al Kamego

See if it can take out previous 0.786 after the ABCD in 240min chart







Mats

On a larger timeframe we could be in early stages of the W3 of the move off the bigger bullish ABCD Mats showed above:





But it could also drop hard as this looks like Roofer's medianline handoff.
Either way it should accelerate from here