I just saw you edited your post: now it´s an "hypothetical".
Ok. Doesn´t matter I know what you meant.
Over and out.
Ok. Doesn´t matter I know what you meant.
Over and out.
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DislikedEven if English is not my native language I know the difference between "Analogy" and "paradox."Ignored
Dislikedinteresting to see how a simple question can elevate to an argument that has nothing to do with market with yet no straight answer to my original question....
i wonder if it's the way how successful traders behave...
gl all next week. lolIgnored
Dislikedyou too, please be more carefull with words.
if you draw this on your chart and fib it with respect to levels and EW you might understand.
but too many fibs for any chart so i left em out..
The length of the prediction is equal to the length of most recent significant down move and has confluence with resistance..
the rest is just putting the puzzle together.
a H&S with retest all fit.Ignored
Dislikedits not random, but i left it away becouse people like you won't understand.
my new prediction..Ignored
DislikedIts a nice chart....
I have something similar from EW PROSPECTIVE.
Based on your other chart on a different forum where you are counting your C wave(5) I have a 2 price limitations.... 1. @ 1.4092 and #2 @ 1.4138 anything above that is Bullish breaking the high of 1.4281.
That C is in 5 waves so its tricky to see if that is a Leading Diagonal or an Ending Diagonal ( from 1.3428 to present).
So if a Leading diagonal your C can be wave#1 wherever it ends. So retrace of 1.3428.
If it is an ending Diagonal... then your chart above...Ignored
DislikedHi Raza, hi Longshot,
hope you have a nice weekend.
Thank you for providing your insight and ideas. Very interesting.
@Longshot
Your chart was very clear to me and your explanation was sufficient. I do not understand why some people here do not understand the concept of trading. It is all about having an idea and knowing when this idea will be invalidated.
Keep up the good work. I like your charts.
Best to you,
MarkusIgnored
DislikedInteresting. On my chart I've got my candle closing below it this week. I'm really not that fussy with trendlines but I can't even make my chart look like your one with the candle closing above it. Even if I make the second touch as at November 2009, the weekly close is still below the trendlineIgnored
Dislikedhey mal u will also find a TL on weekly dixy , lets see a dive or a bounce time will tellIgnored
DislikedYes ... I do observe this Triangle Trendline since a longer time as well ...
And I have got that uncertain feeling that this downtrend might have found more fun to continue for a while ...
And yes ... for me it looks as well ... as if that 'so-called' TL has been violated for now ... specialy for that reason ... as we can observe that we have got a "Weekly Closing/Clôture" below this line for the first time since the beginning of this 'triangle trendline' ...
The first violation in November has been only very short lived ......Ignored
DislikedLet's We learn together...
The SUCCESS that a Trader achieves in the Markets is directly correlated to one’s trading discipline or lack thereof.
Trading discipline is 90 percent of the Game.
The FORMULA is Very Simple : Trade with discipline and you will succeed ; Trade without discipline and you will fail.
Best Regards,
TsarIgnored
DislikedHi mercy seat,
I'm interested Fibonacci and Multi MA in your post :nerd:
Would you like share... ?
Best Regards,
TsarIgnored