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    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    (Edited )
    Interesting spot on the euro. It may be the end of a large ABCD on a daily time frame or just a W3 completed with W4 forming bullish ABCD on H1.
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    RA
    rat89
    Rep: 0
    Posts: 7,015
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    they'll never do THAT


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    DU
    Duane
    Rep: 100
    Posts: 1,095
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    Possible ABCD Silver

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    RA
    rat89
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    Posts: 7,015
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    duane, you caught me just wondering what gdx wants to do at this most interesting spot:


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    DU
    Duane
    Rep: 100
    Posts: 1,095
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    Sitting right on .886 for now. Will it reverse here? Double bottom? Or just keep going? Nice chart thought!!
    RA
    rat89
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    Posts: 7,015
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    speaking of .886


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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Draw the weekly TL. It's relevant here.

    Originally posted by Duane

    Possible ABCD Silver

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    RA
    rat89
    Rep: 0
    Posts: 7,015
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    (Edited )
    wow

    Originally posted by jimkane

    Draw the weekly TL. It's relevant here.




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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    I'm trying not to get excited about this rolling over at this area here, since I fully expect them to come back in hard after they feel they have enough sucker shorts trapped. Any time now...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Yeah, wow.

    There are some other key weekly lines, too, and they paint a curious picture.

    Originally posted by rat89

    wow

    Originally posted by jimkane

    Draw the weekly TL. It's relevant here.




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    DU
    Duane
    Rep: 100
    Posts: 1,095
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    Context is everything. Thanks Jim for providing the perspective!!
    AL
    albert
    Rep: 99
    Posts: 3,094
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    Originally posted by jimkane

    And in the last burst it does indeed make up the drop. Have a good weekend.


    You, too.

    Al Kamego