Price Action Observations

This thread is somewhere for me to record observations on price action behaviour (what worked, what failed).
Sensible comments and questions are welcome (though some things may not be discussed).
If you have a unique price action observation, I am happy to hear it (and test it).

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Wave Reversal with Symmetric Flip

Wave Reversal with Symmetric Projection

Symmetry From Flip Point - Market Imperfect (do not expect it to last)

Month Open Price - Spot the Opportunities

CAD - Low to Hold (higher prices ahead)

still experimental...

There is [or appears to be] something special about the symmetry (or harmonics) of a symmetric flip (or market inflection point) at a wave reversal.

This is a nice one and keep it up.

Thank you Tess1. Outcome matches prediction.

Follow up on Euro. See posts 2, 3 and 4. Freaky...

Reason I point this out is the analysis is the same for Gold (worked) as for the high in Aussie. So, recording here to say that the high in Aud (shown with red arrow) is significant and lower Aud prices to ahead over the coming weeks, maybe months. Rallys are an invite to sell shory Aud.

ps. Gold may have another (smaller) rally mid October.

But there is still going to be a little reversal up before coming down. So also AU, is that not so?

That's correct Tess1.

Euro

outcome

PA notes

Nice to see you posting again, very interesting constructions in the making.
This is a new to me when you talk about symmetric flip zones and inflection points. Would you care to put some more light on the subject?
The many vertical lines are numbered?
As long as the pips are finding their way to you in the process.

R

Its not something I am trading. Just an observation I have made in the last 2 weeks that I have found interesting. You know what a flip is. All I am doing is seeing if there is something symmetrical about it. You do not have to also ways use the same points, but at the moment, I am looking at using the middle of the flip (the point at which price broke though the flip [S/R] level as the mid point).

Random example - I flicked through a chart, this was the first flip my eye caught. I found a relationship that was symmetrical. Chart 1. Point A to B = Point B to C (time). D is swing low. Then saw was happened using the prior two swing lows (chart 2). After that the relationship did not hold so well.

There are better ways to trade. I just find these things interesting.

Hi Darren
I see that you are pattern hunting in mirror imaging. The construction is promising, now the big question, can pips be created in the future?
Do you trade the Monday Range with success?

Lets do it with high Quality

R