M mu200411 Nov 2, 2007 #602 Position reversed. Set stop at the last high. Target 1/3-2/3 retracement. Simple "W" as "M" chart pattern.
Position reversed. Set stop at the last high. Target 1/3-2/3 retracement. Simple "W" as "M" chart pattern.
M mu200411 Nov 2, 2007 #603 Head and Shoulders pattern! Ready to go down another 250,25,50 points?:eek: As wave 4)c.1:3v? Or prefer going up 1000,100,200 points as Minute 5)1.3?
Head and Shoulders pattern! Ready to go down another 250,25,50 points?:eek: As wave 4)c.1:3v? Or prefer going up 1000,100,200 points as Minute 5)1.3?
M mu200411 Nov 2, 2007 #604 About 50% retracement, prepare to reverse position if there is a higher high.
M Mup Nov 2, 2007 #607 Another option is that Exp flat ( your W pattern) is the A wave of an a-b-c X wave....With this move back down being the B of the a-b-c X wave. Still not sure where your seeing a wave 4 due to the other corrective pattern being a triangle
Another option is that Exp flat ( your W pattern) is the A wave of an a-b-c X wave....With this move back down being the B of the a-b-c X wave. Still not sure where your seeing a wave 4 due to the other corrective pattern being a triangle
M Mup Nov 2, 2007 #608 Again a chart to try and make that last post easier to understand :eek: Attachments pw223259-22.png pw223259-22.png 57.6 KB · Views: 587
M mu200411 Nov 2, 2007 #609 More like a-b-c than 1-2-3 now, because the first wave territory was invade by the retracement.
M mu200411 Nov 2, 2007 #610 I think we are going down as 4)c.3:5i or 4)c.3:3iii. Wave 4)c.3:4 may be expanding triangle a your chart. Ah! URO/USD=1.4504 Attachments minutec.3.jpg minutec.3.jpg 94.1 KB · Views: 109
I think we are going down as 4)c.3:5i or 4)c.3:3iii. Wave 4)c.3:4 may be expanding triangle a your chart. Ah! URO/USD=1.4504
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Ready to go down another 250,25,50 points?:eek: As wave 4)c.1:3v?