Right now I am not sure about that, but my compass is pointing upwards as time is passing by.
But lets see
But lets see
Circular Trend-Waves 414 replies
How do I change the color of trendlines? 2 replies
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
Recommend an ebook on trendlines.... 10 replies
Short trendlines 7 replies
DislikedDaily/H4
After the dip to 2680 this morning, on the daily time frame we have a strong reversal sign, which is a Energy Circle happening.
Since the time slot is very narrow (May 16-25),the probability of a strong move is increasing as time passes.
The T1 trendline needs to be broken hard for a strong move upwards.Ignored
DislikedThanks for the chart, here is my view:
As anticipated a turnaround is occuring now, except that instead of 2649, the turn around was at 2667, very close still. The estimated upward movement is roughly until the highs of 2700 / Lows of 2800. Right now I see 2810-2820 region, but as motion progresses, we could also end up slightly below 2800 at 2790 as wel..Ignored
DislikedHi, this is very interesting. But does this negate your 4H chart of bouncing up to 3000 area? Thanks.Ignored
DislikedIt seems that as motion is getting close to the timeline that is dictated by the center of the shown circle, more agitation is occuring. The bounce off 2720 level still was within the support region(s) of the blue circle. Looking forward to powering through the center of the circle where the timeline discussed is located, in here the circle is shown as greyIgnored
DislikedI will be off this thread due to long weekend in Canada, till Tuesday Morning. I was watching the move today, as it found resistance at 2730, and didnt want to post anything until we have a clear break. the current ascend towards 2790 is good enough to establish a long position.
However due to the time line of May 25th, where I am expecting a turn around occur around 3030-3050 level, I suspect that the movement upwards will be highly corrective, since there is lots of time to get there and we are already at the border of 2800 level....Ignored
DislikedI will be off this thread due to long weekend in Canada, till Tuesday Morning. I was watching the move today, as it found resistance at 2730, and didnt want to post anything until we have a clear break. the current ascend towards 2790 is good enough to establish a long position.
However due to the time line of May 25th, where I am expecting a turn around occur around 3030-3050 level, I suspect that the movement upwards will be highly corrective, since there is lots of time to get there and we are already at the border of 2800 level....Ignored
DislikedIf 3030-3050 level is hit, the gap is just started to fill.
Is it possible to fill it up to 3080 level?Ignored