marking in HI for possible c to d which we spotted in M15 provided A is intact in M15
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DislikedIf A is not taken out
C to D can be either
If there is no power only up to B
If there is power c can be further fib extension from B
Go to one hour chart and mark horizontel line and note the latest high and the next latest high for the possible fib extension from B
C to D possibilitesIgnored
Dislikedyup, like you said, EU was going up. i was in Eu long but my sl wasnt big enough, got taken out by the spike.
so, in your chart, what is Dt? your Dt point is 9578, how do you see that point? was it a fibo extension?
cheers!Ignored
DislikedThanks. Now I understand that.
Edit: One question, when candle start moving below 70 EMA and we marked B on high then at what point we will short? Do we need to close the candle below 70 EMA first? or just break out.Ignored
Dislikedhi,
for eu,
your A is from friday's high and B is referring to todays low right?
as for me now, eu is going short from C to D extension?
let me know if my view is the same as yours.
thankx.Ignored