I am starting to look more into previous structure, and the whole concept that Jason Stapleton has been using for years - LOOK LEFT, STRUCTURE LEAVES CLUES. I have learned about it, but never really taken it into account in my trading, as of yet. Time to move on!
I beleive either of these patters will start to form therr last leg of their journey, the D-leg. If we get all the way down to form the Cyphers is a totally different story, could just retrace a bit and continue the upward trend.
We have reaced previous structure, and the market has reaced well above the upper band of my indicator.
Anyways, just a few ideas, please comment, as I want to hear what you have to say.
The more time I spend in the markets, the more I fall in love with the process, and the more I learn, the more I want to learn.
I wanna be able to take trend, counter trend, break outs, advanced patterns.... whetever the market presents to me.
I am so fricking excited about the future, grrrr hehe.
Take care, and good luck with your structure :)