DislikedHey ewgcorp,
I have no idea I get in trouble when I try to predict price so I'm trying only to follow price.
You can look to see if it will have a reaction when it gets to that zone off structure and the fibs in the leg but my quick projections show a zone around 3010. If we were long from the termination of the previous abcd we may be holding until the orange rectangle which is the 61-78 zone of the longer main swing. It really only matters what price is doing in your zones and if you have a valid warning that order flow may...Ignored
your comments were helpful. especially about order flow and bullish swings.
looking at my chart from yesterday. D seemed to have challenges - support and resistance is holding water and we seem to be range bound side ways or could we say we have consolidation. i went long at D so my stop loss is intact - still in the game.
what are we looking for as far as price action is concerned. also the harmonics that built this structure on the up side was magnificent and consistent, will the anchor leg in this instance be preparing for a awesome upside potential?
there is a fair amount of news coming out of EU and US today.
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