DislikedPK Hold shorts. . .
1.4710/33 will be the deciding factor. It was resistance when we dropped to 1.4444 area remember and should serve as support.
If broken then look for price to re-test this area and lower. . .Ignored
DislikedPK Hold shorts. . .
1.4710/33 will be the deciding factor. It was resistance when we dropped to 1.4444 area remember and should serve as support.
If broken then look for price to re-test this area and lower. . .Ignored
DislikedHere is my EU road map. . .
I believe wave 1 is near complete and we should see it bounce from 1.47 and a revist back to daily 5 sma could be seen if momentum does'nt prevail and keeps price below DPP.
Overall I see the ultimate target at 1.4553 area which is MPP. Only a close below that level will see a retest of lower support 1.44798 with possible dips below to clear stops (100 sma).
Enjoy - will be working from this exact chart for the rest of the month or until 1.5062 high is taken.Ignored
DislikedSafe to say we have yet another 4hr close below the 4hr sma. . .
Next target is quite clear based on this chart!
The weekly swing is 147.02_150.12_153.17
As can be seen we are currently trading below WPP
so the next logical target based on the 4hr chart is quite obvious.Ignored
DislikedPk I have a similar count but just a tad bit different. We can discuss over the weekend if you like. . .
Would like to talk about the bigger count and then drill down to the smaller wave count. . .
So my question for you is what wave do you see us being in (bigger count) at the moment?
Chow!Ignored
Dislikedmy bigger count shows abc correction to the upside bro. we are currently in b wave down, it seems. let's discus this over the weekend. would love to see your count. satureday evening?Ignored
Dislikedafter having extensive conversation with q, think the wave 4 (118-163) option is still alive;
slightly different than q's count, but basically speaks the same and would not affect the trading decision.
another crash of geppy is also being supported by the second crash of dow.
2007 high marks the end of wave 5, and wave B has formed as predicted. looking at daily chart on dow,
there is a massive bearish divergence all over the chart, indicating a major warning sign to buyers.
dx is also bottoming or has bottomed out already; another sign of...Ignored