I want to state very clearly this is NOT a complete pattern therefore it is NOT valid yet. I am creating this new thread to continue the analysis I begun in December, as that thread ran on too long in the comments, every call there was correct and it extends from December to February:
I trade positionally, I do not trade small swings. So I have been waiting for a sign, some sort of indication of a larger trend forming on the longer timeframes, after I predicted the price recently topped at 10550.
This might be something, it might not. At the moment that's all we know. I will continue to update my thoughts here...
With the disclaimer as always that if you think I am interested in your opinion, you are mistaken.
I trade positionally, I do not trade small swings. So I have been waiting for a sign, some sort of indication of a larger trend forming on the longer timeframes, after I predicted the price recently topped at 10550.
This might be something, it might not. At the moment that's all we know. I will continue to update my thoughts here...
With the disclaimer as always that if you think I am interested in your opinion, you are mistaken.
Nota
Already had a question about this, since apparently people can't fkin read. IT'S AN INCOMPLETE PATTERN THEREFORE MEANINGLESS RIGHT NOW - The right shoulder may well dip further...
Nota
Let's have some updates on the daily. We're hovering around that old S/R. The C&H pattern I mentioned in an earlier thread, alongside the inverted H&S is starting to form:Nota
On the W, we have used the 50MA as support. This is positive. Nota
Is it enough for me to pull the trigger on my bids? Not yet. But i'll tell you lot something, it's getting close.Nota
Herein lies a valuable lesson in patience. No pattern is valid until it's complete. We will see support at the 100MA in the next instance. After that we will wait and observeNota
The original ascending triangle is still very much in play on the DNota
@hubavka you were the chosen one and yet there you are making predictions off a 60m chart.How the mighty have fallen.
Nota
If we are going to bounce anywhere it'll be here. Notice the 100MA support and that same 40RSI:Nota
Also coincides with full retrace of ascending pizzaNota
If we bounce there, then it's... interesting. But i'll keep my thoughts on that to myself for now.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.