This looks like it is about to correct down although it is currently tracking sideways. I don't see a trade at the moment but once one presents itself I'll update this chart.
All forecasts will be updated as they develop - remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome
Good luck Steve
Komen
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Well back to the drawing board on this one. Price has gone back into the channel without any significant short breakout
Komen
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Still waiting for what will be a nice short move
Komen
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Still waiting
Komen
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Break out - wait for pullback
Komen
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Komen
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I love it when a plan comes together. If you are in this you might want to move your sl to protect profits. As this is a correction It will turn and go back up
Komen
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Guys the green arrow indicates direction only and is not meant to be a target
Komen
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Time to think about a turning point?
Komen
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Well that was a very nice trade - Now looking for a pullback and long entry set up
Komen
taming_the_mind
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Thank you so much for your sharing Steve. I always like your idea. And the way how u can follow the development closely and patiently until a set up truly appear. I am learning that spirit from you here now ;)