hi bud...
totally agree about the ratio, pattern and confluence. we have to make an interpretation on it. they're only number , percentage and market movement modelling .... what does it mean in reality ? what does the CD leg mean ?
Assuming no friday yet... look at thursday closing.... she closed above 2012 closing with full bullish candle. the data is already available before friday closing.... buddy...
that means there is demand to close above 2012 closing.......shortly that's impulse wave. Wikipedia said : Impulse (physics), in mechanics, something that changes the momentum of an object; the integral of a force with respect to time
see the past.. once there is impulse...it means risk taker already IN . mostly..they're followed by follower till risk taker come again in other direction ..........
ratio will kill us if we forget the past...
there is no exact in harmonic...there is harmony.... just watch the evolution of harmonic buddy.... from gartley to crab ...
just imho
totally agree about the ratio, pattern and confluence. we have to make an interpretation on it. they're only number , percentage and market movement modelling .... what does it mean in reality ? what does the CD leg mean ?
Assuming no friday yet... look at thursday closing.... she closed above 2012 closing with full bullish candle. the data is already available before friday closing.... buddy...
that means there is demand to close above 2012 closing.......shortly that's impulse wave. Wikipedia said : Impulse (physics), in mechanics, something that changes the momentum of an object; the integral of a force with respect to time
see the past.. once there is impulse...it means risk taker already IN . mostly..they're followed by follower till risk taker come again in other direction ..........
ratio will kill us if we forget the past...
there is no exact in harmonic...there is harmony.... just watch the evolution of harmonic buddy.... from gartley to crab ...
just imho
DislikedLet's agree the ratios are just ratios and is the reason to seek out confluence zone adds this as strength to the ratios. The pattern had the confluence I seek and occured in proper form and place. As you can see from the price action around the completion point the market repsected the pattern by an extended period of price consolidation. This was not a case where price blew completely through the PRZ. Sure it's easy now to see the daily closed above the ideal demand zone but that is information that is not available at the time of entry. We also...Ignored
not euphoria follower