JA
jarek
Rep: 94
Posts: 3,474
This is already 70 points straight down. If this rising TL doesn't stop this, it could go much lower:
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, gold another new all-time high... Didn't take it long to put over 200 back on, now did it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Took it out as suspected, but it is now reacting strongly off the natural set upper //, as Europe gets well underway. Now we see...
JI
jimkane
Rep: 3,058
Posts: 33,089
Back to the first KZ and up it starts. See what I am getting at, posting these notes over and over? ABCD's, KZ's, sometimes GZ's, set lines, TL's, ad nauseam.
JI
jimkane
Rep: 3,058
Posts: 33,089
New high for the move, and looking strong. BTW, this is my 'Sunday night', so I'm staying until this run ends or I pass out.
JI
jimkane
Rep: 3,058
Posts: 33,089
There's a major higher timeframe set line here, and if that gives way, watch out.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's an incredible 'X marks the spot', but it's been straight down over 90 points, so it really needs a bigger bounce than this...
JI
jimkane
Rep: 3,058
Posts: 33,089
X marks the spot just stopped it dead. It seems to be forming some type of ABCD at a .300/.382/.447 overlap, so I still think it wants to launch up and over, but we'll see.
JA
jarek
Rep: 94
Posts: 3,474
Yep - I'm watching such a potential KZ DT ABCD:
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
It never materialized - went straight to the upper ML of a bigger set:
Maybe now is time for a KZ ABCD at the green ML
Click image for original size
Maybe now is time for a KZ ABCD at the green ML
