CL Redux

[Visaria]

out at 28 and short

 

[Picaso]

So this would be a short, right?

 

[bigsnack]

Quote from Picaso:

So this would be a short, right?

For me it totally depends on the volume that got us there. Did the volume trend break just before the triangle break? In this case, no. In most cases, the volume / participation is more important than the pattern itself (at least for me). It's like this:

"Ok, someone just placed a huge order, let me see if I can decipher what they are trying to do"

 

[Good Fortune]

Quote from bigsnack:

Testing lower, but where's the volume?

IMO Friday brother. It's suiting up for a night on the town

 

[bigsnack]

Quote from Good Fortune:

IMO Friday brother. It's suiting up for a night on the town

Yeah I'm feeling danger zone and no trades for the rest of the day.

 

[Visaria]

out at 44, reverse

 

[Visaria]

spike to a new high

 

[Picaso]

Ideas into the close?

Gold going up non-stop, not as fast as silver, but relentlessly up.

 

[bigsnack]

Gonna put the stop to B/E soon, I don't want to risk anything today.

 

[BCE]

He's out of here. Have a great weekend everyone. Probably see you Sunday.