unless yur 4hr can close below dailly low and a retest shows rejection..i dont think this puppy gonna sink..but thhen i would say that im long
trade safe folks
trade safe folks
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DislikedHey UB....
Typically the only thing I am looking for on a crossover is a correction. Most likely one of the most predictable patterns that is notable on any chart, and which ones do I use? My staples have always been the 200 and 24, all time frames. 200EMA support/resistance, if 24SMA is above, long chart, if 24 is below short chart, as price closes in direction, this to me is a trigger on trend, stop loss at close candle below the 200.
An example of this is on the 1m chart, 1st chart posted. Price moves above the 200EMA, I know it will come...Ignored
DislikedExcellent post! Great information .. if anyone missed it, it is #254193.
The bunny is cute too.Ignored
Dislikedeverything he posts is .............MAGIC, some great posters around here, i just hope that they stay in here.Ignored
DislikedSELL_LIMIT@1,5624, SL 1,5660, TP5545
(dont expecting that pound will go under 5520)
Reasons:
-50%fib from today downmove
-20EMA in play
-we did lower low from friday so expecting that we make it to 50% fibo from upmoveIgnored