$DASH - DASH ON A DAILY CHART
5.9.21 0901H +8 PACIFIC
GOING BACK TO MINIMALISM
I am Back to Minimalism. Sorry I made a mistake in my previous published idea on $DASH
I should have not placed an ABC PATTERN, since patterns are dependent on corrections and extensions, from ABC,ABCDE,XYZ,AB=CD and so forth.
The minimal use of tools that I am learning are range boxes that can visually show me areas of minor and major corrections via large and small range boxes.
Fib levels are done just to check on top up areas adding new stop losses and targets connected to my primary target, which is the large swing.
On this chart I placed Fib levels only as an example, that the range boxes being laid out upon determining a good entry point for an up swing determines such moves in advance. Having said so,
I will not complicate things and stick to a minimalist approach to trading that is easy for me and fits my trading psychology and risk appetite.
I would like to thank my Mentor for all the blessings of wisdom, God Bless You!
Happy Trading Everyone!
Note:
Run your Fibs at top and bottom of
the big and small range boxes together
with your chart for your targets.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
5.9.21 0901H +8 PACIFIC
GOING BACK TO MINIMALISM
I am Back to Minimalism. Sorry I made a mistake in my previous published idea on $DASH
I should have not placed an ABC PATTERN, since patterns are dependent on corrections and extensions, from ABC,ABCDE,XYZ,AB=CD and so forth.
The minimal use of tools that I am learning are range boxes that can visually show me areas of minor and major corrections via large and small range boxes.
Fib levels are done just to check on top up areas adding new stop losses and targets connected to my primary target, which is the large swing.
On this chart I placed Fib levels only as an example, that the range boxes being laid out upon determining a good entry point for an up swing determines such moves in advance. Having said so,
I will not complicate things and stick to a minimalist approach to trading that is easy for me and fits my trading psychology and risk appetite.
I would like to thank my Mentor for all the blessings of wisdom, God Bless You!
Happy Trading Everyone!
Note:
Run your Fibs at top and bottom of
the big and small range boxes together
with your chart for your targets.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.