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Just study this one and let your Brain think about this... P! Free To Learn: mytradingcoach.teachable.com
Again, most indicators are leading to a correction; I'm going short. With the recently tested 23.66 resistance, plus the blue downward-slopping warning line from the pitchfork, I'm guessing the price action in the next few days won't go above the 23.66 price point. The hourly and daily lower indicators (macd, rsi, cci, slow stoch) are all showing a possible...
Price is jailed between the A/R set and the centerline. If it comes below the A/R Line, we have a trade to the south, down to the L-MLH. The stop would be the new made Pivot above the A/R Set. P! Learn To Earn - Free: mytradingcoach.teachable.com
Here we can see price in context of a Fork & A/R set. I really don't like to go long here, because my stomache is crunching when i go long here... But it's not about my stomache, or my feelings, or my big toe's nail. It's all about numbers = statistics, risk, reward, occurences etc... And most of all, i know price is reaching the centerline over 80% of...
Sinewave masures the last major up move. ...sit back, study and let your brain work ;-) P! mytradingcoach.teachable.com
...very interesting... if it continues the up move characteristics, we should see a hit on the upper MLH. P!
Not ripe yet, but observing this short down to the centerline (CL.). P! mytradingcoach.teachable.com
I see this lower sideways action as accumulation. As soon if price break up this sideways action, we probably will see a pullback to scare everyone who's long on the break, then it will takeof to double this range, at least... P! Learn Action/Reaction Basics here (free4you): mytradingcoach.teachable.com
Here we can see Action/Reaction in "action". Price stopped dead where the natural reaction sits. If you closely inspect the A/R set, then you can see from where it is derived. P! Learn To Earn: Learn Action/Reaction Basics here (free4you): mytradingcoach.teachable.com
The monthly Chart tells us "no no!". But the dayli may carry this opportunity for us. The Fork catched the frequency of support & resistance (blue circles). We know that price is reaching the centerline over 80% of time. But this doesn't mean, that it's going straight to the CL. If you observe the price behaviour, you clearly se the last "sinewave" move (green...
In the monthly chart, i would not mess around in here. I wait until price broke out of the Box. Here you can see one potential szenario (pink arrwos). P! Learr more today: mytradingcoach.teachable.com
With price comming back in to the upper Fork Zone, there is a very high potential that price is reaching the centerline. Be aware, this is a counter trend trade...we swim against the stream! P! mytradingcoach.teachable.com
Here we go with Zillow. Stopped in with confirmation and now we are on the way to the centerline. P! mytradingcoach.teachable.com
A lot going on here. In synopsis: Andrew Pitchforks (Large and mini) are showing sideways or downward trends. Mini H/S showing signs of downward trends. Fibonacci Support at 16.88, with resistance much higher around 20 Fib Arcs are conforming lower and upper resistance in next few days. Action Reaction Method agreeing with potential Upward trend in the near...
Synopsis: RSI, Stoch, MACD all point to up trend. (Strong signal) Fibonacci confirms strong levels of support (26.70) and Resistance Pitchfork showing downward and sideways trend, with price on the median. Fib arcs show upcoming resistance zones (counting one we just entered) I labeled the action reaction lines to help better understand what I was and am...