It is a fact and you can read it in any good book on technical analysis, i will post some examples

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All markets and time frames have at least 3 trends (there is actually more because markets are fractal) but for our purposes , always consider at least the next higher degree swings for points of sup/res so around 2321 (look left) is next larger ...

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image

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Short bias small pb on hourly,,, target still the same 1.2000 maybe even lower image

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First target met 2242 second on the way probably next week Trend reversal daily minor swing continuation image

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image

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I read the NFP figures will not be a true reflection of what is happening now as they cover the period before this mess in the world started

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You need to get grammarly too its hit (hitted) you wanna go halves for a subscription let me know

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Target for short @ or around the 1.2000 level that is assuming the 2242 level breaks to confirm the hourly trend reversal, daily minor continuation otherwise the 2242 level is the target for now

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thank's for the advice, an i ope u ave a gud dae

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your right

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Best way is to trade this is wait for the break down then trade the impulse waves 5/20 LWMA that way you are going in the right direction for sure, daily primary is down daily intermediate is down and daily minor (which im looking at from the hourly ...

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Coming down but, already broken the angled trend line, breaking the lower horizontal for sure will confirm daily minor wave continuation and a very big fall image

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Trend line break and 4h close below confirms shorts image

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@Joersherwood People come here to post their analysis for comparison i believe and to learn from each other, i understand your reasons for not wanting to post your trades before hand but at the same time its not really good etiquette to brag, maybe ...

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Bad USA news already priced in as usual these days

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My plan is to wait for a break out and trade the impulse waves, stops for swing trading too big. image

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Looks fairly straight forward to me If price breaks the upper horizontal line we go up to continue that larger swing trend If it breaks the sideways range down or the lower horizontal line we go down, ( the sideways range trend line break is a ...

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When the primary trend of the hourly time frame is down , scalp impulse waves using the 15 minute for entry, works on every time frame so long as there is a primary trend, this type of scalping has extremely good risk reward with low risk. There are ...

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Always a pleasure to talk to one of the most genuine guys here on the forum and a great trader with an unusual style that makes real money consistently. Wishing you and all your fellow countryfolks in Italy a speedy recovery from this terrible virus ...

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