DislikedThanks, yes agree low didn't match exactly, also i'm looking closely the sma200 (Daily chart)Ignored
Thank You
Better-than-the-wormhole 555 replies
DislikedThanks, yes agree low didn't match exactly, also i'm looking closely the sma200 (Daily chart)Ignored
Dislikedand here is why i am still conflicted about shorting GU... and waiting..
This is a daily chart. The yellow LTL has been broken and retested and held. Now there is another little obstacle and then we are good to go!!Ignored
DislikedForget the daily & concentrate only on the H1.
Two things looks to be forming on the H1,
1. The right side of an inverted H&S.
2. A bearish pennant.
Neither is yet valid. Drop your bias & wait for one of the two to trigger & trade it.Ignored
DislikedThe red ltl is crap, wipe that off your chart & leave the W1 support there for a better argument.Ignored
DislikedWhen u say "is crap" u mean... is weak or u mean it doesn't meant to be at all?
Btw... i already deleted that... just interested why u don't like itIgnored
DislikedIt's not that I don't like it, that red ltl is arbitrary. This had been discussed extensively before in this thread if I remember correctly, it's either you have to go on & dig thru all the pages again or just go back & refresh on demark's studies
p/s: 970 & 925 are the 76.4% fib ext & the W1 s2. Saying that you're not willing to take trades between these levels holds more weightIgnored
Dislikedagree with that... will go short if the currently hourly candle will confirm the movement south i.e. a convincing bear candle. That will give me a 4 hour close thru yesterday low's and a hourly confirm of the break of 5925 levelIgnored
Dislikedsi.
We have a new daily low now. Don't be a sucker & buy.
Wait for yesterday's hi to go if you want to counter this.Ignored
DislikedThere's only 1 moving average worth the time on the daily & it isn't the 200Ignored