Incredible how the top ABCD area overlaps with target zone of the failed bat setup (I left retracements from both patterns).
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MA
MarcinO
Rep: 67
Posts: 5,506
Just preparing for a flat correction scenario.
Incredible how the top ABCD area overlaps with target zone of the failed bat setup (I left retracements from both patterns).
Incredible how the top ABCD area overlaps with target zone of the failed bat setup (I left retracements from both patterns).
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm seriously thinking this is about to do that 'throw over' and head for that 90ish area... I'd actually kinda hate that, even though I'm long side bias right now...
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, he would have come in, but I think my posting this changed his plans. Like they showed with subatomic physics, you can't observe a particle without altering its trajectory. Just the act of observing changes things... Oh, well.
Originally posted by jimkane
I'm thinking roofer is getting close to making an appearance. Don't ask me why, I'm just getting the vibe. But, since he'll read this, he might not just because I said he was getting close. We shall see.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's still trying to get to my 86.75-87.25. But, I just can't see that stopping it, even though it's such a weak grind up. It will want the 'throw over', I think. But, who knows. I just see what it does, and whatever it does triggers a specific course of action for me. So, I'm mostly just 'thinking out loud' in here to keep from falling asleep...
JI
jimkane
Rep: 3,058
Posts: 33,089
Nice, rat. I hope it plays out... I just don't see how this can come back in even a little...
JI
jimkane
Rep: 3,058
Posts: 33,089
It's hard to explain how I might be long, and rooting heavily for it to dump. I pretty much always want technically beautiful things to happen, so that I have the best chance of understanding what is going on, and finding the best upcoming opportunities. I'd much rather have a play end and feel I understand what is going on and feeling that I can find additional setups, than to have one continue on and actually make more on that specific trade, but feel key technical aspects are being ignored, and I don't have a feel for what is happening, or why. Hence, for example, I'd like this to check back off this area. If not here, surely off a 'throw over'. But, I suspect this isn't going to stop...