Dislikedshe have strong resistance at 1.4386, so before she could reach 1.44 above... she must going down first to take a breathIgnored
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Dislikedshe have strong resistance at 1.4386, so before she could reach 1.44 above... she must going down first to take a breathIgnored
Disliked
1.4186 ain't that far for your kind of SL maby we'll both bang some,...
Anyway, my MM is respected so it all good, we'll both be "winner" if i'm wrong.
Wish u luck bud!
Sleepy me... soon!Ignored
Dislikedshe has strong support @4250 & a stronger one @4150 before she can reach the 4100 you mentioned. no, there isn't a "must" for her to take a breather down at that level you mentioned. She can take a breather right here where we are now.Ignored
Dislikedwian. I am seeing the same thing as you but with a little reinforcement. The convergance of the 50 fib and the trendline will(should?!?!) give it extra support. will be looking to go long after a bounce off the 4210-30 range. I take my entries off the 5m and 15m price action and stochs. JimIgnored
Dislikedplease enlighten me,where do u see support at4250?Mike in MichiganIgnored
DislikedYo Mike. I have the trendline converging with the 50 fib right in that area. Check out my 4h chart. JimIgnored
DislikedI'm not convince if she's look'n Top Heavy at all. It's taken out the 1 hour trend line in the last NY session. In today's Asian session it rejected the 4 hour trend with extra resistence of the 72MA coninciding at 1.4365. I've been on the short @ 1.4360 and holding it until the 4h trendline is cleaninly taken out. Seeing potential for 1.4120 which than brings us back close to the bottom of the 4h trend line.Ignored
Dislikedthanks..and please remind me if u see 4h trendline is taken out...thank dudeIgnored
Dislikedcould u please save me some time and tell me what your blue yelow and red lines are?MikeIgnored
DislikedI'm not convince if she's look'n Top Heavy at all. It's taken out the 1 hour trend line in the last NY session. In today's Asian session it rejected the 4 hour trend with extra resistence of the 72MA coninciding at 1.4365. I've been on the short @ 1.4360 and holding it until the 4h trendline is cleaninly taken out. Seeing potential for 1.4120 which than brings us back to the 50% Fib and 16/3 high resistence.Ignored
DislikedBull Bear could you post some charts . I'm not quite seeing your trend lines?!
Thanks JimIgnored
DislikedThx bull bear!! I think we are on the same page, just seeing it a tad differently!! I am just giving the longer duration upward trend line a bit more credence because of the proximity of the 50 fib I am not in a position yet as i need to see what happens with that level I have always in my charting gone with the credo that the longer the trendline, the more strength it has, especially when it has convergance with other support and resistance levels.
Just my 2 centavos!!! I think we will know one way or another soon. JimIgnored