Joined Oct 2023
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Status: Put your money where your mouth is
|1,303 Posts
When i mentioned strong weekly candles previously I was speaking about the last 2 weeks of candles. While we could potentially see a move to 2012 or even maybe 1980 area I just do not personally see it happening because that would mean the weekly from 2 weeks ago low would have to be broken. If that low was broken i think the next logical place would be 1950-60 range. If for some reason that did happen. I would be perfectly fine with accumulating through that zone as I have previously mentioned I trade gold and bitcoin min lots because they are both volatile.
The reality of what I see happening is some wiggling around here and then more upside, followed by more upside, and if it does come down I will just add for more upside.
{quote} which tf you mean? figure M30 Flagpole, M!, wait for LO
Ignored
i think he means an inverse HNS on the 30 min. But you should not consider that a true inverse HNS because of the placement compared to price action of where it should be at the bottom of a trend. If that makes sense. It may very well play out the same way, however. Cheers
Joined Mar 2008
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Status: Name real with real own way
|23,413 Posts
Too fast and little early, so unable tany long position yet. May need smmalest tf to get any long position scalping!
Ok short for 2041 having sl above previos high. 2047.90 get, next waiting breakout down at probable 2047.45 Hit sl this time! But breakout play still be ok next, the short play again but this time will wait for signal! Earliest signal now 2049.32
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Not understand?better not follow my analyses!doubt clearer first, risks ++