lilmoris

lilmoris Updated 

XAUUSD. On the daily and the weekly,we have a 9 from a TD Buy Setup.On the weekly,it is sitting on the TDST Support.This means generally,it is going up.

lilmoris

Swing High broken and retested.

lilmoris Updated 

All the 3 conditions are not met for a perfect breakdown from the TD Demand line,but I just wanted to see how it plays.The TD Demand Points are level 1 only.

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The low of 7 is now correctly drawn.

lilmoris Updated 

On the weekly we had an unperfected 8 and 9 from a TD Buy Setup.It isur possible that the lows of 6 or 7 can be tested ,before price move further(Normally up but there is no guarantee).

lilmoris Updated 

On the daily,TD-D Wave is now 1(how long it stays 1,I don't know).But a 2 comes.This is a good entry,at the beginning of the 2.

lilmoris Updated 

Hi,I have an example of a TD Line that might interest some people.I drew a TD Supply Line with 2 Level-2 Supply Points,from right to left.We are in a BTCUSDT(Bitcoin) 4Hour Chart on Trading View.I measured the distance between the lowest low( between the 2 TD Supply Points) and the intersection with the TD Supply Line.I added it to the breakout point and I had my...

lilmoris Updated 

Bottom reached from H&S.We should have a 48% rise now, taking us to 0.2102 approx. It corresponds also to the 4HR.

lilmoris Updated 

A symmetrical triangle must be at least 3 weeks to qualify as such,whereas a Pennnat a few days up to 3 weeks.To have a penanant we need also a steep long price move.Here we do not have this steep long price move before the pennant.Nevertherless,I will give it a try.So I measured the pole from the resistance at the bottom, where I think the small pole started to...

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Head and Shoulder with 2 left Shoulders and 2 Right Shoulders.The neckline is already broken and we had a pullback (Retest of the neckline).According to Bulkowski's book (Encyclolpedia of Chart Patterns),we should have an average drop of around 20%.I considered,that we are in bull market.But I also measured the target normally.1st is from the highest low of the...

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I made a mistake by calculating the pole.I should have measured it from the first resistance and it reached it perfectly.

lilmoris

Pennant on the formation.

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Is it a failure of the pennant?Will the channel hold?

lilmoris

Getting near the horizontal support level

lilmoris Updated 

I take candle and volume 1 as my benchmark.This means this volume and price spread is genuine.On 2,we a little less volume as 1,but the price spreas is very small.We should normally with this volume, a price spread a bit less than candle 1.We have not.This means that the price was pressed down by sellers.Hence the volume and spread.This is therefore a weak...

lilmoris Updated 

If low,the upward movement cannot go far.

lilmoris

If the green candle is low,this means that there are not many buyers interested to buy now.

lilmoris

Good volume.