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Auction Market Theory and Market Profile

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  • Post #20,381
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  • Jun 29, 12:56pm (9 hr ago) Jun 29, 12:56pm (9 hr ago)
  •  Sorobanista
  • Joined Jan 2017 | Status: Member | 442 Posts
Quoting kette
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GBPUSD H4 short poc -level {image}
Ignored
I was curious about this consolidation and decided to use Elliot, I'm not an expert, but it seemed reasonable.
That was the end of a wave 5 with a triangle pattern.
He reached the monthly level of 100 just now at the end of the month.
If you make a projection of the triangle, I think we have a good target.
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Caution, patience and balance.
 
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  • Post #20,382
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  • Jun 29, 2:58pm (7 hr ago) Jun 29, 2:58pm (7 hr ago)
  •  FunkyKoval
  • | Joined Nov 2018 | Status: Member | 235 Posts
Quoting FunkyKoval
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{quote} {image}
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three posts above I showed how the price rebounded from the Daily Value, and now it rebounded from the Daily High and returned to the Daily Value oscillator!

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  • Post #20,383
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  • Jun 29, 3:11pm (7 hr ago) Jun 29, 3:11pm (7 hr ago)
  •  FunkyKoval
  • | Joined Nov 2018 | Status: Member | 235 Posts
one of possible idea for trading contractions and they values ... there are plenty of other possibilities

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  • Post #20,384
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  • Jun 29, 4:38pm (5 hr ago) Jun 29, 4:38pm (5 hr ago)
  •  kette
  • Joined Jan 2018 | Status: Member | 13,998 Posts
Quoting Sorobanista
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{quote} I was curious about this consolidation and decided to use Elliot, I'm not an expert, but it seemed reasonable. That was the end of a wave 5 with a triangle pattern. He reached the monthly level of 100 just now at the end of the month. If you make a projection of the triangle, I think we have a good target. {image}
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I also find Eliott Fibo very interesting.
H1 and H4 only forex.
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  • Post #20,385
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  • Last Post: Jun 29, 4:46pm (5 hr ago) Jun 29, 4:46pm (5 hr ago)
  •  kette
  • Joined Jan 2018 | Status: Member | 13,998 Posts
EURCHF

GBPCHF
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