SHORT re-entry for GREAT DEPRESSION 2 - precision mini-TOP Hunt
- Thread starter deadbroke
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Amazing. Gimme more of that residue baby! YEAH!!!!
Deadbroke, I admire your honestly, hell I like you, you come over to my house and fuck my sister.
Trade what you see, in the now. That is the best I can do to help you bruh.
Peace and love.
Breaking another long-standing rule, one that is cast in stone even in the Bible, TA of stock trends 9th edition.
I've removed my STOP. There is now no longer a STOP at 0.5% over the TOP.
My reason for doing so?
Qs have surpassed 78.6% - so there is a possibility that Dow might try for the 78.6% of a larger wave as shown by the arrow - this is shown below. This means that the sub-top of this thread could be exceeded.
For future consideration when I review my brilliance or folly and profit or loss, the DECISION to "switch targets in mid-stride" is in accordance with the LAW OF THE WILD AS IT APPLIES TO THE YOUNG LION - the hunt can still go awry but there you have it.
If I'm wrong I will be carrying around a 12k loss, perhaps more - don't want to dwell on it now as I need my thinking to be as clear as possible.
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I've removed my STOP. There is now no longer a STOP at 0.5% over the TOP.
My reason for doing so?
Qs have surpassed 78.6% - so there is a possibility that Dow might try for the 78.6% of a larger wave as shown by the arrow - this is shown below. This means that the sub-top of this thread could be exceeded.
For future consideration when I review my brilliance or folly and profit or loss, the DECISION to "switch targets in mid-stride" is in accordance with the LAW OF THE WILD AS IT APPLIES TO THE YOUNG LION - the hunt can still go awry but there you have it.
If I'm wrong I will be carrying around a 12k loss, perhaps more - don't want to dwell on it now as I need my thinking to be as clear as possible.
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This is how the 5th wave played out - it extended into a clearly internal 5 waves and dig this - Macd is not confirming the current rise on 1H so it could be the 5th of 5th,wherein the concept of divergence springs forth - i.e. very very near the end.
When trendline breaks its Adios Goldie.
Let's wait and see.
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If you knew anything about reading charts you'd know that a trendline that slopes more upward, compared to the last trendline, is a very bullish implication. Long was the only play there, barring any news to the contrary.
Quote from deadbroke:
STOP @ 0.5% above the Oct 27 TOP.
Why is the STOP there? Because if triggered, the anal-ysis is wrong.
Dow has made a habit of retracing 78.6%. Will he do it this time too?
Don't know. But if he does, I am adding to Short there.
If STOP is triggered watch the news for concomitant massive reduction in psychiatric fees for the entire ET pubic as deadbroke's failure/sorrow generates a level of jubilation so high that ALL traders' personal problems vanish and they are cured forever.
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Another piker who thinks he knows everything by using Elliott waves and fibs.
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