What we have here is the Pitchfork with the Bearish slop that was drawn in around the end of June. I am not a Professional, in fact I am very new to this, only about 9 months or so of continuous studying and research, chart reading and so forth. Any input is always appreciated. Anyway this is what I am seeing right now, maybe a bit premature with the possibility of a retrace of the current price to around 1.3000 or just above. Unless it goes all the way to the 61.8% at 1.3069 I have just drawn in the triangles that make up the pattern here and then I drew in the fib levels after and this is the result. All of the lines S and R and the trend lines have been on for many weeks now, after removing the ones that were invalid this is what I have left on the chart. For now this is how I am playing it. Prosperous trading and a wealthy outcome to you all. Take it easy Henry V.
Here is another chart I had in play, and this was done on Aug. 12, 2014 You will be able to see that The price never made it up to my A Line but it got all the way to my B Line and is now around it. Good guess I suppose. Honestly I can not afford to just guess, Hail Mary as it were. NOT!!!
Prosperous trading, wealthy outcome! GET IT!!!
Oh P.S. Still learning Tradingview so if your not in it to help Please just keep to your self. Looking for successful others not Ball busters Ya KNow!!!
Vimeint
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Look I am just sharing what I see. It's in no way a call to action. This is why I said I am no professional. You should always trade on what you yourself see. This is just what I am doing. Don't look to others to trade for you. If you can't trade get a 9-5
That's the last thing I will say. I don't need your negativity.
Vimeint
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I guess we'll see won't we. Not guessing. if you look closer. it's on you not me. Just what I see. Are you board or something. I'm hearing a lot of negativity man.
Vimeint
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On an added note, I don't actually know the percentage, but I would bet that after all the analysis be it technical or fundamental and or plotting out all the lines and calculations that a big part of is a guess when it comes down to it. Albeit a calculated guess but a guess nun the less. If we always knew we wouldn't need all this stuff. And or the help of others.
vlad.adrian
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This is no forecasting, this is guessing. I bet you can find patterns like this on any chart you look. Look for something tangible if you want to trade and stop guessing. This is my advice to you.
You will be able to see that The price never made it up to my A Line but it got all the way to my B Line and is now around it. Good guess I suppose. Honestly I can not afford to just guess, Hail Mary as it were. NOT!!!
Prosperous trading, wealthy outcome! GET IT!!!
Oh P.S. Still learning Tradingview so if your not in it to help Please just keep to your self. Looking for successful others not Ball busters Ya KNow!!!