Here is a overview of what is happening just in case you're too lazy to go check out my FULL ANALYSIS (and why wouldn't you if you haven't?):
Now, I have tweaked that ED a little to better reflect the current price action so make note of that but overall, it hasn't changed my prediction.
None of the current PA has changed my wave count. Go check out that previous post for a full explanation on my wave count. As for now, this complex WXY corrective pattern is all within the wave (b) of the (a)(b)(c) wave c of the larger wave (B).
That POTENTIAL has now been COMPLETED and I'm still waiting on that POTENTIAL bat to do the same as I do expect that prices will "bump" up just a little more in order to complete that ED as well. Prices are still obviously within the PRZ of that completed .
MY TRADE PLAN
Still patiently waiting for prices to complete both the ED and the bat. Once that is done....LOOK OUT BELOW! I'll be looking for PA to tell me when to get SHORT!
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
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But OK. I know I am not preaching to the choir here in arguing with you about it. Maybe you are right. Who knows? I know what the chart is telling me and I don't need correlations to tell me otherwise. Too complicated. KISS principle, man. KISS principle. Just read the chart and trade what you see. Simple.
Good luck to you though. I can't say I hope you are right though. I'll be looking for the SHORT as soon as PA tells me to go SHORT. You won't be convincing me that you are right by posting correlations.
I don't care one way or another which way prices goes for example. I only want to find the way to take advantage and make pips no matter which way it goes. Yes, I do have my bias as to which way it goes BUT I am prepared no matter it goes up or goes down. And as I have mentioned SO MANY TIMES already, trading is NOT ABOUT EGO! I'll trade ego for pips any day! So if he is right and it goes up, good. If I am right and it goes down, good. I'll tell you one thing, I'll be ready to take home pips whichever way.