or not

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here is another example of rejecting then retesting. Price was rejected as you can see, but is now making a move back UP to the TL. Only what I am seeing now is a possible break of the TL as it appears to be a pretty nice ABC pattern looking to ...

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Simultaneous Buy and Sell stops a practice I haven't previously used I have found when using the advanced AO indicator, when price gets around the trend line 1 of a couple of things occur 1. price crosses and breaks the TL (in which case I like to ...

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Apologies - I thought I posted this earlier. I placed a sell stop 122.181 took +10 at 122.081. I have already cancelled the buy stop I had in place

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AO on the daily is divergent

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As I painted it yesterday

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EJ15M crossed TL looks to be retesting. I have buy stop in place with TP +20

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Either way it doesn't matter to my trade. I closed it manually at +9

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So the question remains - are we looking at an "X" to "A" or an "ABC"? My guess is ABC although argument can be made of X to A

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Also notice the bearish engulfing pattern where the "3" painted on the 30M chart. Price went sideways for a bit and then down, albeit not much

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That is exactly what I am watching for

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Damn - it was picture perfect!

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If that isn't the most perfect hanging man I don't know what is - it lined up perfectly with W3

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Well I received a reprieve from school duties today. Am off for the weekend. Have a good weekend

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Yup only I was dreaming about it during the last hourly candle. I have a sell stop in at 3423

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Looks like you were exactly right - the size of that pinbar was suspect

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Who can figure the EU anymore? Good lord - thank god for buy and sell stops!

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me too - I closed manually because it approached the TZ1 and at the time you'll notice the AO was divergent. I got skeered and took my +25 to the bank. I have been wanting to get in on a W5 complete wave though. Haven't had the guts since getting ...

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Thank you sir! Any input on that EU1H W5?

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1. (not shown in this chart) The RSI is at 77.33 (severly overbought) 2. Price has struck R2 daily pivot and appears to reject 3. Ewaves painted completion of W5 Quandary:the size of the candle (as of now) is only 18 pips. I've seen these candles ...

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