IN MY LAST POST I PREDICTED THAT WE WOULD DROP DOWN AROUND 1391, I PLACED MY PERSONAL BUY LIMITS AT 1420 BECAUSE ID RATHER TAKE A LITTLE DRAWN DOWN THAN IT WICKING MY 1391 ENTRY AND ME MISSING IT. WE ARE WELL IN PROFITS NOW. WE MAY SEE A SMALL RETEST ONE MORE TIME SO MAKE SURE YOU GET IN ESPECIALLY IF YOU ARE HOLDING FOR NEW ATH. IF IT CLOSES ABOVE 1476 JUST GO...
YOU SEE THE FORMATION OF A BIG W, INSIDE OF THIS W ARE SMALLER ONES. WE NEED TO FILL OUT THE LAST LEG OF THE W WHICH HAS A M FORMATION IN IT, DRIVING US DOWN TO 1391 BEFORE TAKING OFF TO 2000. IF YOU ARE A LONG TERM HOLDER, MAKE SURE YOU CATCH THE LOW. I REALLY JUST BACKTEST AND TRAP PRICE AT KEY LEVELS. I USE OTHER USEFUL TIPS THAT IVE LEARNED OVER MY JOURNEY....