Last Post was about the possible long term short set up. We have been looking for a chance to place a low risk position near the rebound high as shown. This week has been full of neat surprises with the volatility as we work our way back up. Here is the current thoughts about the Pink label C wave we need to get to the set up.
Please note the dates as shown for some interesting "tin foil hat" astrological signs we encountered this week ;)
Many traders poo poo these points... but I have always found them interesting and useful.
Lets see if we can get to the upper target range shown by the AB=CD at the 1.27 extension. That would place the highs right in the nice 78.6% retracements of Gartley patterns... yet we need to keep an eye on the recent lows that would knock these projections off the table. However, until then, lets trade what we see! Short term bullish.
Old fart
Please note the dates as shown for some interesting "tin foil hat" astrological signs we encountered this week ;)
Many traders poo poo these points... but I have always found them interesting and useful.
Lets see if we can get to the upper target range shown by the AB=CD at the 1.27 extension. That would place the highs right in the nice 78.6% retracements of Gartley patterns... yet we need to keep an eye on the recent lows that would knock these projections off the table. However, until then, lets trade what we see! Short term bullish.
Old fart
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.