One note to the last post. A move to 61.8 % may not be in the works, although I can see it happening and it's a good strategy. It is possible that we could only see 38.2 / 50 % and if we use a limit here at 61.8 we may miss a good move. My advice: I will put a sell limit at 38.2 % at 1/3 of the amount I would normally place at 61.8. I will then place another sell limit at 50% at 1/3 and another at 61.8%.
This is only because I am going to be away from my computer and I don't want to miss the whole move.
Tate
Trade at your own risk.
This is only because I am going to be away from my computer and I don't want to miss the whole move.
Tate
Trade at your own risk.
DislikedNice plan. You can also add to that this HUGE divergence being set up here on the 1 Hr timeframe. Logic is pointing to a nice down move thru 4300 levels.
TateIgnored