if price does manage to stop here this can be a possible tp scenario..on studying coreg's material{image}
People don't plan to lose. They lose because they don't plan.
Price Action Trading (PAT) - Amplifying Market Insights
- #541
- Mar 27, 2023 11:26am Mar 27, 2023 11:26am
- Joined May 2021 | Status: Trader | 7,225 Posts
- #542
- Mar 27, 2023 12:04pm Mar 27, 2023 12:04pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
GOLD
The GOLD chart is a very interesting study on multiple timeframes.
Here is the H4/H1 chart.
It shows the typical extensions of an ABC pattern with a 50% AB retracement.
Some confluence to suggest a move after completion of wave 5 of B, to a new all time high above 2000.
The GOLD chart is a very interesting study on multiple timeframes.
Here is the H4/H1 chart.
It shows the typical extensions of an ABC pattern with a 50% AB retracement.
Some confluence to suggest a move after completion of wave 5 of B, to a new all time high above 2000.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
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- #543
- Mar 27, 2023 1:13pm Mar 27, 2023 1:13pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
GOLD The GOLD chart is a very interesting study on multiple timeframes. Here is the H4/H1 chart. It shows the typical extensions of an ABC pattern with a 50% AB retracement. Some confluence to suggest a move after completion of wave 5 of B, to a new all time high above 2000. {image} {image}
{quote} GU Thought for set up/ One more chart to take into consideration on where LQ for MM to get from. Still not a very clear set up, as we are only at beginning of the week and moving towads month end for profit taking excercise. {image} or something like this................ {image} Any comment welcome.
I'm not a big fan of EA, read I gues 10 years ago one book only, but as I remember wave 1 can't be more than wave 3, or I'm wrong
- #545
- Mar 27, 2023 2:25pm Mar 27, 2023 2:25pm
- Joined Oct 2009 | Status: Trader | 5,639 Posts | Online Now
Always trade your own plan...I don't provide trading signals.
- #546
- Mar 27, 2023 2:26pm Mar 27, 2023 2:26pm
- Joined Feb 2022 | Status: Coyote | 3,634 Posts
rip and tear until it's done
Ok, I see personally 3 scenarios for GU:
1) The worst scenario for bears(tripple top):
2) Retest wedge, aka double top and then fall:
3)The best scenario for bears:
Can be good N3, cause':
a) We see like a pattern reversal H&S;
b) We have wedge, price test now important level;
c) We have 61 lvl fibo;
Let's see but it looks easy, can be two first scenarios, I'll not hold this shorts for long if it will go up
Good luck everyone
1) The worst scenario for bears(tripple top):
2) Retest wedge, aka double top and then fall:
3)The best scenario for bears:
Can be good N3, cause':
a) We see like a pattern reversal H&S;
b) We have wedge, price test now important level;
c) We have 61 lvl fibo;
Let's see but it looks easy, can be two first scenarios, I'll not hold this shorts for long if it will go up
Good luck everyone
- #548
- Mar 27, 2023 10:23pm Mar 27, 2023 10:23pm
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
UJ SHORT {image}
End of scalping at SSR target.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #549
- Mar 28, 2023 12:05am Mar 28, 2023 12:05am
Ok, I see personally 3 scenarios for GU: 1) The worst scenario for bears(tripple top): {image} 2) Retest wedge, aka double top and then fall: {image} 3)The best scenario for bears: Can be good N3, cause': a) We see like a pattern reversal H&S; b) We have wedge, price test now important level; c) We have 61 lvl fibo; Let's see but it looks easy, can be two first scenarios, I'll not hold this shorts for long if it will go up {image} {image} Good luck everyone
, maybe London will be better
- #550
- Mar 28, 2023 2:18am Mar 28, 2023 2:18am
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
How to succeed in zero sum game?
- #558
- Mar 28, 2023 7:44am Mar 28, 2023 7:44am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
GOLD LONG {image}
TP at target
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #559
- Mar 28, 2023 8:23am Mar 28, 2023 8:23am
- Joined Feb 2022 | Status: Coyote | 3,634 Posts
rip and tear until it's done
- #560
- Mar 28, 2023 8:53am Mar 28, 2023 8:53am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts
Dollar Index.
Correction ABC before continue down to fib level
Need to monitor which fib level will reject to make it "C"
Correction ABC before continue down to fib level
Need to monitor which fib level will reject to make it "C"
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104